D 1 2. Please prepare the adjusting entries for the year and Dac31, 2020. 3 Assume all the original antries had been recorded in the system. 4 5 1 On Jani, business bought one equipment for S35,000. The estimated useful life 6. 5 years with no realdue voleo 7 92 On Dec 31, 2020, Business checked unexpired the insurance policy remaining 10 3,020. And business has $25,000 debit balance on prepaid insurance account 11 at Des31, 2020 before any year-end adjusting entries 12 14 3 On Jani, The business has paid one an half year rent 654,000. Now the first year has passed. 15 Please record the adjusting entry on Dec31, 2020 16 19 4 On Jani, 2020 the business had $920 debit balance. And the additional office 20 supplies $2,530 were purchased during the year. Now on Dec31, 2020, there 21 were only $530 of supplies left over there on hand 22 24 5 Three-fourth of the work for $120,000 service fees received in advance has been performed 29 6 Apr, 2020 the business bought an auto for $62,000, its estimated useful life is 4 years with residue value $4,000 at the end of its useful life 34 7 Dec 31, 2020 the business found unrecorder and unpaid salary and wages for $9,500. The owing amount will be paid in next week! 25 30 31 35 36 39 8 Please also record the Jan31, 2021 salary 23,000 payment entry, also inclusive of the unpaid salary part at Dec31, 2020 from transaction 7 40 42 43 We WSA W63 4 step damo Sheet thpt lectures She Mute Start Video Participa