please do journal entries

CHAMPLAIN COLLEGE Created with iSpring Suite EVALUATION VERSION A. Supplies on hand at year-end are $1,200. Bust-a-Move Snowboard has asked you to make the following adjusting journal entries to record the following transactions (A-O): B. Six months of rent ($24,000) was paid in advanced on September 1st. No rent expense has been recorded since that date. C. Depreciation expense has not been recorded on the building for 2018. The building has a useful life of 20 years. Bust-a-Move Snowboard uses straight-line depreciation for all asset classifications. D. Depreciation expense has not been recorded for the equipment for 2018. The equipment has a useful life of 10 years and a salvage value of $5,000. E. Employees work Monday through Friday. The weekly payroll is $7,500 and is paid every Friday. December 31st is a Wednesday. F. Revenue of $24,000 must be accrued (Note: The earnings process is complete but the amount has not been received from customer.) 1878