question 3-1A

PROBLEIVIS elected acco Problem 3-1A Preparing adjusting entries Willow Window Washing Services prepares on its December 31, 2020, unadjusted trial balance: "ng adjusting entries (monthly)-prepaid expenses L04 ing Services prepares adjustments monthly and shows the following selecte Debit Credit Account Required informati a. $86,0 seas $ 3,720 23,000 1,300 26,320 Prepaid insurance.... Prepaid office rent........ Prepaid subscriptions......... Prepaid equipment rental..... b. $33 Required Prepare the required monthly adjusting entries at Decembe additional information: a. The remaining balance in Prepaid Insurance was for a six-month insurance policy purchased for $7,440 and in effect on September 1, 2020. b. $5,200 of the balance in Prepaid Office Rent had not been used as at December 31, 2020. c. $1,140 of the balance in Prepaid Subscriptions had been used as at December 31, 2020. d. The company paid $33,840 on April 1, 2020, to rent equipment for a three-year period beginning April 1