Question 2 Prepare adjusting entries dated December 31, 2019, based on the following data a. A two-year insurance policy costing $3,000 was purchased on October 31, 2019. b. Salaries owed to employees on December 31, 2019, amount to $2,300. c. The balance in Supplies before adjustment is $1,400. A physical count reveals $450 of supplies on hand on December 31, 2019. d. Depreciation on office equipment for the year is $1,869 e. Unearned Service Revenue has a balance of $4,200 before adjustment. Records show that $2.725 of that amount has been earned by December 31, 2019