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Read the description of following adjustments that are required at the end of the accounting period for Acevedo Legal Services, a new firm. Determine the account and amount to be debited and the account and amount to be credited. 04 A. Prepaid rent for the year on April 1, 20X1. Rent expired during the month of April 20x1 totaled $6,300. Record the adjustment on April 30, 20X1. B. Purchased supplies for $4,100 on April 1, 20X1. Inventory of supplies was $3,000 on April 30, 20X1. Record the adjustment for the amount of the supplies that were used during the month of April 20X1. C. Depreciation is computed using the straight-line method. Equipment purchased on April 1, 20x1, for $14.400 has an estimated useful life of 8 years with no salvage value. Record the adjustment on April 30, 20X1. D. Signed a 6-month contract for $4,080 of prepaid advertising on April 1, 20X1. Record the adjustment for the amount of the contract that expired during the month of April 20X1. View transaction list Journal entry worksheet 1 2 3 4 Prepaid rent for the year on April 1, 20X1. Rent expired during the month of April 20X1 totaled $6,300. Record the adjustment on April 30, 20X1. Note: Enter debits before credits. Transaction General Journal Debit Credit A Record entry Clear entry View general journal 1 4 Purchased supplies for $4,100 on April 1, 20X1. Inventory of supplies was $3,000 on April 30, 20X1. Record the adjustment for the amount of the supplies that were used during the month of April 20x1. Note: Enter debits before credits. Transaction General Journal Debit Credit B Record entry Clear entry View general joumail Depreciation is computed using the straight-line method. Equipment purchased on April 1, 20X1, for $14,400 has an estimated useful life of 8 years with no salvage value. Record the adjustment on April 30, 20X1. Note: Enter debits before credits. Transaction General Journal Debit Credit C Record entry Clear entry View general joumal Journal entry worksheet

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