Center Company Is Completing the Accounting Cycle at the End

Center Company is completing the accounting cycle at the end of the annual accounting period,December 31,2011.No adjusting entries have been made during the year so three adjusting entries must be made at this date to update the accounts.The following accounts,selected from Center Company's chart of accounts,are to be used for this purpose.They are coded to the left for easy reference. $$\begin{array} { l l l l } \text { A. } & \text { Supplies expense } & \text { I. } & \text { Unearned rent } \\\text { B. } & \text { Supplies } & \text { J. } & \text { Rent expense } \\\text { C. } & \text { Interest receivable } & \text { K. } & \text { Wage expense } \\\text { D. } & \text { Equipment }&\text { L. } & \text { Depreciation expense } \\\text { E. } & \text { Accumulated depreciation } & \text { M. } & \text { Interest expense } \\\text { F. } & \text { Notes payable } & \text { N. } & \text { Interest revenue } \\\text { G. } & \text { Interest payable } & \text { O. } & \text { Rent revenue } \\\text { H. } & \text { Wages payable } & \text { P. } & \text { Some other account not listed }\end{array}$$