Remaining Time 2 hours, 26 minutes, 08 seconde. * Question Completion Statut QUESTION 1 Prepare the adjusting journal entries for the following required at December 31, 2019: a The supplies inventory on January 1, 2019 was $9,350. Supplies costing $24,150 were acquired during the year and charged to the supplies inventory. A count on December 31, 2019 indicated supplies on hand of $8,810. . An insurance policy for two years was acquired on July 1, 2019 for $24,000. (Note: The adjusting entry should reflect the expired amount from 7/1- 12/31/19.) c. Rent of $15,000 for six months for a portion of the building was received on November 1, 2019. (Note: The adjusting entry should reflect the amount earned from 11/1- 12/31/19.) 1 * Arial 3 (12pt) T Words: Path:p