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3-8-2021 Q1) (3 Marks) Amman Company prepared the following adjusting entries at year end on December 31, 2019: (a) Interest Expense 200 Interest Payable. 200

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3-8-2021 Q1) (3 Marks) Amman Company prepared the following adjusting entries at year end on December 31, 2019: (a) Interest Expense 200 Interest Payable. 200 (b) Unearned Revenue Service Revenue 1,500 1,500 (c) 1,200 Insurance Expense.. Prepaid Insurance.. 1,200 (d) 100 Interest Receivable.. Interest Revenue 100 (e) 250 Supplies Expense. Supplies... 250 (f) 3,000 Wages Expense Wages Payable 3,000 In an effort to minimize errors in recording transactions, Amman Company utilizes reversing entries. Instructions Prepare reversing entries on January 1, 2020, for the adjusting entries given where appropriate

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