Question: Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's insurance has expired. b) The

 Requirement \#4: Prepare adjusting entries using the following information in theGeneral Journal below. Show your calculations! a) One month's insurance has expired.b) The remaining inventory of repair supplies is $200. c) The estimateddepreciation on repair equipment is $150. d) The estimated income taxes are

Requirement \#4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's insurance has expired. b) The remaining inventory of repair supplies is $200. c) The estimated depreciation on repair equipment is $150. d) The estimated income taxes are $100. Requirement \#5: Post the adjusting entries on March 31 below to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listed. General Journal March Transactions

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