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Complete this uestion by entering your answers in the tabs below. Calculate the year-end adjusted balances of Supplies and Supplies Expense. Beaver Construction purchases new equipment for $31,200 cash on April 1, 2024, At the time of purchase, the equipment is expected to be used in operations for five years ( 60 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 60 months (\$520/month). Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2024 is \$0). Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field,) Journal entry worksheet Record the adjusting entry for insurance on December 31 . Notei Enter debits before credits. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No. Journal Entry Required 1 in the first account field.) Journal entry worksheet Record the purchase of rent for one year, paying $22,200 ( $1,850/ month) in advance on October 1. Note: Enter debits before credits: Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required"-in the first account field.) Journal entry worksheet 2 Record the purchase of equipment for $31,200 cash on Aprll 1, 2024. At the time of purchase, the equipment is expected to be used in operations for five years ( 60 months) and have no resale or scrap value at the end. Note: Enter debits before credis: \&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Prepaid Insurance and Insurance Expense (assuming the balance of Prepaid Insurance at the beginning of the year is \$0). Complete this question by entering your answers in the tabs below. Calculate the year-end adjusted balances of Prepaid Insurance and Insurance Expense (assuming the bolance of Prepaid Insurance at the beginning of the year is $0 ). Suppose Macomb, a specialty clothing store, rents space at a local mall for one year, paying $22,200 ( $1,850/ month) in advance on October 1. Required: 1.\&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Prepaid Rent and Rent Expense (assuming the balance of Prepaid Rent at the beginning of the year is $0 ). Complete this question by entering your answers in the tabs below. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Prepaid Rent and Rent Expense (assuming the balance of Prepajd Rent at the beginning of the year is $0 ). Complete this question by entering your answers in the tabs below. Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is $0 ). Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required"in the first account field.) Journal entry worksheet Record the adjusting entry for depreciation on December 31, 2024, assuming the equipment is depreciated evenly over 60 months ( $520/ month). Nete: Enter debits before credits. Complete this question by entering your answers in the tabs below. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2024 is $0 ). Record the necessary enfries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Nete: Enter Gebits before credits Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and fiooding. Because of this, Mountaineer purchases one year of flood insurance in advance on March 1, paying $31,800($2,650/ month). Required: 1.\&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Prepaid Insurance and Insurance Expense (assuming the balance of Prepaid Insurance at the beginning of the year is $0 ). Complete this question by entering your answers in the tabs below. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field.) Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the purchase of one year of flood insurance in advance on March 1 , paying $31,800($2,650/ month). Note: Coter debits before credits. At the beginning of the year, Golden Gopher Company reports a balance in Supplies of $490. During the year, Golden Gopher purchases an additional $3,200 of supplies for cash. By the end of the year, only $290 of supplies remains. Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Supplies and Supplies Expense. Complete this question by entering your answers in the tabs below. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjusting entry for rent on December 31 . Note: Enter debits before credits. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 Record the purchase of supplies for $3,200 cash. Note: Fnter debits before credits

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