Journalize the adjusting entry needed at December $31$ for each situation.

The unadjusted balance of Office Supplies at Dec. 31 is $3,000 and at year end the office supplies on hand totaled $1 ,500. Date Dec. 31 Accounts and Explanation Employees earned $2,000 in salaries that will be paid next month. Date Dec. 31 Used prepaid insurance of $1 ,200 Date Dec. 31 Accounts and Explanation Accounts and Explanation Debit 1500 Debit 2000 Debit 1200 Credit 1500 Credit 2000 Credit 1200