22. The trial balance and information for year-end adjustments for Vilardi Company are as follows:

Vilardi Company Trial Balance December 31, 20--
Account Title	Debit	Credit
Cash	15,700
Accounts Receivable	9,400
Supplies	6,000
Prepaid Insurance	1,500
Equipment	50,000
Accumulated DepreciationEquipment		10,000
Accounts Payable		5,400
Wages Payable
Vilardi, Capital		29,460
Vilardi, Drawing	1,500
Service Fees		63,000
Wages Expense	15,100
Rent Expense	7,800
Supplies Expense
Utilities Expense	860
Insurance Expense
Depreciation ExpenseEquipment	_______	_______
	107,860	107,860

a.	Supplies on hand at year-end amounted to $420.
b.	The equipment costing $50,000 has an expected life of five years and no salvage value. Vilardi uses straight-line depreciation.
c.	A premium of $1,500 for a one-year insurance policy was paid on November 1.
d.	Wages earned by employees but not paid by year-end amounted to $900.

Prepare the necessary year-end adjusting entries using the information above.

JOURNAL						30 pts.
	Date		Description	Post Ref.	Debit		Credit