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16) From the following information, make adjusting journal entries for July. (15 points) a. Depreciation Expense is $350. b. Supplies remaining at end of period

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16) From the following information, make adjusting journal entries for July. (15 points) a. Depreciation Expense is $350. b. Supplies remaining at end of period $75, beginning supplies was $250. c. Prepaid Insurance balance $400, $100 has expired during the month. d. Wages for the 5 day work-week are $500, the month ended on a Wednesday, e. Prepaid Rent balance is 8,000, rent is $1,000 a month

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