PRINTER VERSION BACK NEXT Kidman Company prepares monthly financial statements. Below are listed some selected accounts and their balances in the September 30 trial balance before any adjustments have been made for the month of September CALCULATOR Credit KIDMAN COMPANY Trial Balance (Selected Accounts) September 30, 2020 Debit Supplies $3,200 Prepaid Insurance 3,600 Equipment Accumulated Depreciation Equipment Unearned Rent Revenue 16,200 $1,000 1,200 (Note: Debit column does not equal credit column because this is a partialisting of selected account balances) An analysis of the account balances by the company's accountant provided the following additional Information: 1. A physical count of supplies revealed $1,400 on hand on September 30, 2. A two-year life insurance policy was purchased on June 1 for $3,600. 3. Equipment depreciated $3,300 per year. 4. The amount of rent received in advance that remains uneared at September 30 is $700. Using the above additional information, prepare the adjusting entries that should be made by Kidman Company on September 30. (Crent account titles are automatically indented when the amount is entered. Do not indent manually. Ir ne entry is required, select "No Entry for the account titles and enter for the amounts.) Using the above additional Information, prepare the adjusting entries that should be made by Kidman Company on September 30. (Credit account tities are automatically in when the amount is entered. Do not indent manually. If no antry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. (To record the amount of office supplies used) 2. (To record Insurance expired) 3. (To record monthly depreciation) 4. (To record rent revenue)