From each of the following December 31 adjusting journal entries, prepare the original journal entry that was recorded by supplying the blanks provided. The first one is already done for you. You may...

From each of the following December 31 adjusting journal entries, prepare the original journal entry that was recorded by supplying the blanks provided. The first one is already done for you. You may print and write the answers or encode the answers immediately.

1. Prepaid Insurance 240

Insurance Expense                                          240

1. Supplies Expense 1,200

Supplies                                                               1,200

1. Rent Revenue 6,300

Unearned Rent Revenues                            6,300

1. Unearned Commissions Revenue 4,200

Commissions Revenue                                  4,200

Additional Information:

• Yearly insurance premium is effective and payable every March 1.


• Supplies are purchased every May 1 and are used evenly throughout the year.


• Annual rent is received every April 1.


• Commissions are collected every June 1 and earned evenly throughout the year.

Original Journal Entries

1.(example)

Debit: Insurance Expense 1,440

Credit:  Cash 1,440

2.

Debit: __________________

Credit: __________________

3.

Debit: __________________

Credit: __________________

4.

Debit: __________________

Credit: __________________