Question Help Journalize the adjusting entry needed at December 31, the fiscal year-end, for each of the following independent situations. No other adjusting entries have been made for the year. (Record debits first, then credits. Exclude explanations from any journal entries.) Click the icon to view the transactions.) a. On October 1, $4,500 rent was collected in advance. Cash was debited and Unearned rent revenue was credited. The tenant was paying six months' rent in advance. Journal Entry Date Accounts Debit Credit Dog Choose from any list or enter any number in the input fields and then continue to the next question. Previous Spotify Nex More Info On October 1, $4,500 rent was collected in advance. Cash was debited and Unearned rent revenue was credited. The tenant was paying six months' rent in advance. The business holds a $25,000 note receivable. Interest revenue of $875 has been earned on the note but not yet received Salaries expense is $1,100 per day, Monday through Friday, and the business pays employees each Friday. This year, December 31 falls on a Thursday. The unadjusted balance of the Supplies account is $2,200. Supplies on hand total $600. Equipment was purchased two years ago at a cost of $28,000. The equipment's useful life is seven years. Print Done