50 Solution of Week 5 51 52 Account Titles & Explanation 53 Supplies expense 54 Supplies 55 56 57 Debit Credit 400 400 (To record supplies consumed during the Year) Insurance expense (Amount of Insurance not given - 1100) Prepaid insurance (To record expired insurance) 58 59 60 61 Depreciation Expense 62 Accumulated Depreciation 63 (To record depreciation expense) 64 65 Salaries Expense 66 67 Salaries Payable ((To record accrued salaries) 68 200 200 300 300