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w BS chat Thread G 23 Chapter A * @ Question4- Chapter 3 Assic X @ Problem 3-14A1 % | MM Topic: Reminder of Chapter. * | Bk Google Translate x | + - ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fclass%2... $x eo 3 Assignment @ Saved Help Save&Exit Submit \" 5. Using the following information, prepare the adjusting entries on August 31. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.) a. The office furniture has an estimated life of four years and a $572 residual value. Use the straight-line method to depreciate the furniture. b. Two-thirds of the August 2 advance has been earned. . One month of the Prepaid Rent has been used. 62 d. The August telephone bill was not received as of August 31 but amounted to $390. paints. References Journal entry worksheet | Record the adjusting entry for depreciation expense of office furniture. Note: Enter debits before credits. General Journal Debit Credit Aug. 31 4