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3 1 points Save Answer A company pays its employees $1,000 each Friday, which amounts to $200 per day for the five-day workweek that begins

3 1 points Save Answer A company pays its employees $1,000 each Friday, which amounts to $200 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Wednesday and the employees worked through Wednesday, the amount of salaries earned but unpaid at the end of the accounting period is: $1,000 $800 $600 $1,200 Question 2 1 points Save Answer Rana Company prepaid insurance account is $8,950 before adjustment, and the expired amount per analysis of policies is $4,360. What is the proper adjusting entry at December 31, the end of the accounting period? Debit Account payable, $3,250; credit Insurance expense, $3,250. Debit Insurance Expense, $4,360; credit Prepaid insurance, $4,360 Debit Prepaid Insurance, $4,590; credit Insurance expense, $4,590 Debit Cash, $8,950; Credit Prepaid Insurance, $8,950 Question 1 1 points Save Answer A company had $230 office supplies available at the beginning of the year. During the year, the company purchased $370 worth of office supplies. On December 31, $185 worth of office supplies remained. How much should the company report as office supplies expense for the year? $75 $190 $415 $450

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