1:07 D OO BEE 12% For the Homework assignments, only write the entries and submit only the answers for the True/False questions example DR CR .1. Dr Insurance Expense 7777 Cr Unexpired Insurance 7777 2. Dr Depreciation Expense-Equipment 777 Cr Accumulated Depreciation- Equip ???? 3. Dr Wages Expense ???? CR Wages Payable 777 4. See example above Read the lecture Notes in and powerpoint slides in Chapter 4. 1:06 ... 4 .12% (see examples on page 163 Exhibit 4-9) Make the following Adjusting Entries for the end of march. 1. Insurance expired for the month $200. 2. Depreciation expense on Equipment for the month of March $100 3. Wages owe to employee for the month $500 4. Income Taxes owe to the Gov't for the month of March $250 Read the lecture Notes in Ch.4 and refer to the examples in Chapter 4 Powerpoint slides. Indicate whether the statements are TRUE or FALSE. Only submit the answers 1.--- Three steps in Accounting process are identification, recording, and communication. 2.-----Bookkeeping encompasses all the steps in the accounting process. 3.-----Accountants prepare, but do not interpret, financial reports. 4.-----The two most common types of external users are investors