You are asked to prepare the following adjusting entries for Susan’s Sewing at December 31, 2024:

1. Supplies of $650, originally recorded as supplies, were used during the year.

2. Prepaid insurance of $800 expired during the year.

3. Annual depreciation on equipment is $2,500.
Use the following account titles: Accumulated Depreciation—Equipment, Prepaid Insurance, Supplies, Depreciation Expense, Insurance Expense, and Supplies Expense.