Practice Knowledge Check Saved Heip Save & Exie 3 1. On June 1, 2019, Cain Company, a new firm, paid $8,400 rent in advance for a seven-month period. The $8.400 was debited to the 2 On June 1, 2019, the firm bought supplies for $10,250 The $10.250 was debited to the Supplies account An inventory of supplies 3. On June 1, 2019, the firm bought equipment costing $72.900. The equipment has an expected useful life of 9 years and no salvage Prepaid Rent account at the end of June showed that items costing $5.960 were on hand value. The firm will use the straight-line method of depreciation. 0 33 Prepare end-of-June adjusting entries for Cain Company Dook View transaction list Deferences Journal entry worksheet Prepare the adjusting entry for prepaid rent Note: Enter debits before credts O Type here to search Practice Knowledge Check o Seved Hel Prepare end-of-June adjusting entries tor Cain Company 3 View transaction list Journal entry worksheet 0.33 paims Prepare the adjusting entry for supplies Note: Enter debts befoee credka. Record entry iew general journal Prex 3 of 6 Scors.answer > O Type here to search Journal entry worksheet 0.33 points eBook Prepare the adjusting entry for depreciation References Note: Enter debits before credits. Record entry Clear entry View general journal Prex3 of 6 Score answer > O Type here to search