$.$ Pretty Big Company is preparing financial statements for the year ended $29$ February $2024.$ The accountant has put together the following information for adjusting entries.

Prepare adjustments for each of these items as needed. You may prepare journal entries, use the accounting effects template from your textbook or show in some other way which accounts are affected, and whether each account increases or decreases. You may assume that if you show a debit to a particular account, I know whether the debit means an increase or a decrease.

a$.$ Rent on a storage unit is paid for $6$ months in advance. The most recent payment, for $$24,000$ was made on January $1$ and debited to Prepaid Rent at that time.

b$.$ The utilities bill for February arrived on March $6$ in the amount of $$884.$ Payment is due by March $20.$

c$.$ A physical count of office supplies on February $29$ showed $$415$ of supplies on hand. The balance in the Supplies account is $$1,909.$

d$.$ Equipment has a useful life of $10$ years and a historical cost of $$240,000.$ It is depreciated on a straight$-$line basis. The estimated salvage value is $$5,000.$

e$.$ Pretty Big completed a job for a client on February $28.$ The client will be billed for $$94,500$ on March $2.$

f$.$ Another job was completed for a different client on February $26.$ The client had paid $$68,500$ for this job on November $1,$ when work began. This amount was added to Unearned Revenue. No other entries have been made on this account since November $1.$

g$.$ Employees have earned $$28,400$ in wages since the last pay date. This amount will be included in first payroll in March.

h$.$ On January $5,$ Pretty Big converted a customer account to a note. The customer will pay the original amount of $$185,000$ plus interest at a $7\%$ annual rate when the note matures on July $5.$