2 August 1, 2017 August 1, 2.482 The total premium for each policy was paid in full for all months at the purchase date, and the Prepaid Insurance account was detiled for the full cost Year end adjusting entries for Prepaid Insurance were properly recorded in all prior years) c. The company has 15 employees who cam a total of $1960 in salaries each working day. They are paid each Monday for their work in the live-day workweek ending on the previous Friday. Assume that December 11, 2017, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year's Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2018 d. The company purchased a building on January 1, 2017 cost $ 000 and is expected to have a $45 000 salvage value at the end of its predicted 10 year life. Annual depreciation is $30.500 e. Since the company is not large enough to occupy the entire building it owns, il rented space to a tenant at $3. 00 per month, starting on November 1, 2017 The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and an entinut on January 15. The tenant has agreed not to fall behind again. f. On November the company rented space to another tenant for 52 BOD per month. The tenant paid five months' rent in advance an that date. The payment was recorded with a credit to the Uneamed Rent account Required: 2 August 1, 2017 August 1, 2.482 The total premium for each policy was paid in full for all months at the purchase date, and the Prepaid Insurance account was detiled for the full cost Year end adjusting entries for Prepaid Insurance were properly recorded in all prior years) c. The company has 15 employees who cam a total of $1960 in salaries each working day. They are paid each Monday for their work in the live-day workweek ending on the previous Friday. Assume that December 11, 2017, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year's Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2018 d. The company purchased a building on January 1, 2017 cost $ 000 and is expected to have a $45 000 salvage value at the end of its predicted 10 year life. Annual depreciation is $30.500 e. Since the company is not large enough to occupy the entire building it owns, il rented space to a tenant at $3. 00 per month, starting on November 1, 2017 The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and an entinut on January 15. The tenant has agreed not to fall behind again. f. On November the company rented space to another tenant for 52 BOD per month. The tenant paid five months' rent in advance an that date. The payment was recorded with a credit to the Uneamed Rent account Required