Desoto Company must make three adjusting entries on December 31, 2019.

a. Supplies used, $5,500 (supplies totaling $9,000 were purchased on December 1, 2019, and debited to the Supplies account).

b. Expired insurance, $4,100; on December 1, 2019, the firm paid $24,600 for six months' insurance coverage in advance and debited Prepaid Insurance for this amount.

c. Depreciation expense for equipment, $2,900.

Make the journal entries for these adjustments and post the entries to the general ledger accounts:

Use page 3 of the general journal for the adjusting entries. Use the following accounts and numbers.

Supplies...........................................................121

Prepaid Insurance..........................................131

Accum. Depr.-Equip. .....................................142

Depreciation Exp.-Equip. ..............................517

Insurance Expense.........................................521

Supplies Expense............................................523