Question Three: (16 points) You are given the following information: The prepaid insurance account shows a debit balance of $2,340, representing the cost of a three-year fire insurance policy that was purchased on October 1 of the a. current year b. The office supplias account has a beginning debit balance of $400. During the year, $1,600 in supplies were purchased. A year-end inventory count reveal s $80 of supplies still on hand. On December 1 of the current year, the company another company that is renting office space in the company's payment, representing rent for December and January, was credited to unearned received $3,000 in cash from building. The c. revenue. d. on October I of the current year, the company lent $90,000 to another company A note was signed with principal and 8% interest to be paid on September 30 of the next year. uired: Record the December 31 adjusting entries in the general journal. Assume that December 31 is the end of the annual accounting period. (Explanations are not required) General Journal Dr Cr Date