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8. (8 points) X Company's financial records showed the following during 2015: Payments made for office supplies $ 60,000 Insurance premiums receipts Office rental revenues

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8. (8 points) X Company's financial records showed the following during 2015: Payments made for office supplies $ 60,000 Insurance premiums receipts Office rental revenues $425,000 Wages & salaries expense X follows the accrual basis of accounting. The following were taken from X's balance sheets: $500,000 $130,000 Office rental receivables Insurance premiums receivables Prepaid office supplies Prepaid insurance expense Wages & salaries payable Office supplies payable Unearned insurance premiums Unearned office rental revenue 12.31-15 $39,000 40,000 17,000 9,000 18,000 8,000 22,000 3,000 12-31-14 S40,000 33,000 11,000 4,000 21,000 10,000 19,000 12,000 a b c What was office supplies expense during 2015? What were wages & salaries payments during 2015? What were insurance premiums revenues during 2015? What were office rental receipts during 2015

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