Prepare adjusting journal entries on December 31 , 1990, prior to the preparation of annual financial statements, for the following independent situations:

a. The Shop Supplies account had a \(\$ 350\) debit balance on January 1, 1990; \(\$ 625\) of supplies were purchased during the year; and a year-end inventory showed \(\$ 180\) of supplies on hand.

\(b\). The Prepaid Insurance account had a \(\$ 950\) debit balance at the end of the accounting period before adjustment for expired insurance. An examination of insurance policies showed \(\$ 560\) of insurance expired.

c. The Prepaid Insurance account had a \(\$ 780\) debit balance at the end of the accounting period before adjustment for expired insurance. An examination of insurance policies showed \(\$ 375\) of unexpired insurance.

d. Depreciation on shop equipment was estimated at \(\$ 1,350\) for the accounting period.

e. Four months' property taxes, estimated at \(\$ 848\), have accrued but are unrecorded and unpaid at the accounting period end.