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<br>that was recorded by supplying the blanks provided. The first one is already done for you. You may print<br>and write the answers or encode the answersimmediately.<br>1. Prepaid Insurance<br>240<br>Insurance Expense<br>240<br>2. Supplies Expense<br>1,200<br>Supplies<br>1,200<br>3. Rent Revenue<br>6,300<br>Une arned Rent Revenues<br>6,300<br>4.<br>Une arned Commissions Revenue<br>4,200<br>Commissions Revenue<br>4,200<br>Additional Information:<br>• Ye arly insurance premlum is effective and payable every March 1.<br>• Supplies are purchased every May 1 and are used evenly throughout the ye ar.<br>Annual rentis received every April 1.<br>Commissions are colle cted every June 1 and earned evenly throughout the ye ar.<br>Original Journal Entries<br>1.(example)<br>Debit: Insurance Expense 1,440<br>Cre dit: Cash 1,440<br>2.<br>Debit<br>Credit:<br>

Extracted text: 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 answersimmediately. 1. Prepaid Insurance 240 Insurance Expense 240 2. Supplies Expense 1,200 Supplies 1,200 3. Rent Revenue 6,300 Une arned Rent Revenues 6,300 4. Une arned Commissions Revenue 4,200 Commissions Revenue 4,200 Additional Information: • Ye arly insurance premlum is effective and payable every March 1. • Supplies are purchased every May 1 and are used evenly throughout the ye ar. Annual rentis received every April 1. Commissions are colle cted every June 1 and earned evenly throughout the ye ar. Original Journal Entries 1.(example) Debit: Insurance Expense 1,440 Cre dit: Cash 1,440 2. Debit Credit:

Jun 10, 2022
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