Problem 3-30A (Algo) Recording adjusting entries in general journal format LO 3-2 Each of the following independent events requires a year-end adjusting entry. a. Paid $9,400 cash in advance on July 1 for a one-year lease on office space. b. Purchased $3,600 of supplies on account on April 15. At year-end, $320 of supplies remained on hand. c. Received a $10,400 cash advance on July 1 for a contract to provide services for one year beginning immediately. d. Paid $3,600 cash in advance on February 1 for a one-year insurance policy. Required Record each event and the related adjusting entry in general journal format. The first event is recorded as an example. Assume a December 31 closing date. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Date Account Titles July 1 Prepaid rent Debit Credit 9,400 Cash 9,400 December Rent expense (9,400 31 6/12) 4,700 Prepaid rent 4,700 View transaction list 1 Record supplies purchase on account. 2 Record adjusting entry for supplies expenses. 3 Record cash received in advance for services to be provided. 4 Record adjusting entry for unearned revenue. 5 Record cash paid in advance for a one- year insurance policy. 6 Record adjusting entry for prepaid Note: journal entry has been entered Record entry Clear entry Credit View general journal >