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Question 1 of 6 - /15 E View Policies Current Attempt in Progress Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) 1 2 Depreciation on equipment is $900 for the accounting period. There was no beginning balance of supplies and purchased $500 of supplies during the period. At the end of the period $150 of supplies were on hand. Prepaid rent had a $1.000 normal balance prior to adjustment. By year end $400 was unexpired. 3 No. Account Titles and Explanation Debit Credit 1. 2. 3. On July 1, 2022, Damlen Jurado Company pays $12,000 to its insurance company for a 2 year insurance policy Prepare the necessary journal entries for Damen Jurado on July 1 and December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit On July 1, 2022, Jeffrey Underwriters Associates received $8.000 from a client for a 2-year insurance policy. Prepare the necessary journal entries for Jeffrey Underwriters Associates on July 1 and December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit