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1. At the end of the year, the unadjusted balance in the Prepaid Insurance account was $3,410. Based on an analysis of the insurance policies,

1. At the end of the year, the unadjusted balance in the Prepaid Insurance account was $3,410. Based on an analysis of the insurance policies, $2,590 had expired by year end.
2. At the end of the year, the unadjusted balance in the Unearned Revenue account was $1,830. During the last week of December, $520 of the related services were performed.
3. On July 1, 2021, Grant signed a note payable for $11,500. The loan agreement stated that interest was 4%.
4. Depreciation for the computer and printing equipment was $2,000 for the year.
5. At the beginning of the year, Grants had $1,060 of supplies on hand. During the year, $1,310 of supplies were purchased. A count at the end of the year indicated that $690 of supplies was left on December 31.
6. Between December 28 and December 31 inclusive (4 days), three employees worked eight-hour shifts at $17.25 per hour. The employees will be paid for this time worked on January 10.
7.

On December 31, it was determined that $4,600 of services had been provided but the bookkeeper did not record it.

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