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9 8.75 a. Depreciation on the company's wind turbine equipment for the year is $5.900. b. The Prepaid Insurance account for the solar panels had
9 8.75 a. Depreciation on the company's wind turbine equipment for the year is $5.900. b. The Prepaid Insurance account for the solar panels had a $2,900 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $1,050 of unexpired insurance coverage remains at year-end. c. The company received $5700 cash in advance for sustainability consulting work. As of December 31, one third of the sustainability consulting work had been performed. d. As of December 31, $2,100 in wages expense for the organic produce workers has been incurred but not yet paid. e. As of December 31, the company has earned, but not yet recorded, $490 of Interest revenue from Investments in socially responsible bonds. The Interest revenue is expected to be received on January 12 points 2 01:22:28 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. View transaction list eBook Journal entry worksheet References Prepaid Insurance account for the solar panels had a $2,900 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $1,050 of unexpired insurance coverage remains at year-end. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal
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