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* Pa )2017 .Date / AccountDate | AccountProblem 4lending balance in supplies was $ 400 .Please omit journal entry descriptions . ( 3 Points per entry )|DRb ) On September 1 , 2017 , the company prepaid for annual insurance in theamount of $ 52 , 000 . The last adjusting entries were made on September 30 ,|DRentries For each situation . You must show your calculations for full points .BookLove , an independent bookstore , had the following separate situationsthe month ( December ) , an additional $ 1 , 200 of supplies were purchased . Thea ) The Supplies account had a beginning of the month balance of $ 450 . Duringstatements at December 31 , 2017 and has asked you to prepare the adjustingoccur during 2017 . The company’s accountant is preparing the annual financialCR|CR2018 .Date AccountDate | Accountthese accounts .(C ) Employees will earn $ 42, 000 for the five day week starting MondayDRthe previous Friday and will not be issued another paycheck until January 1 ,December 28 . Thursday is the end of the year . Employees were paid throughare sent a comic book every month . They paid $ 360 each for the annualsubscription . As of 12 / 31 / 18 , no adjusting entries have been recorded for|DR|d ) On October 1st , 35 customers paid for a comic book subscription where they| CRCR
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