9.03 On May 31, the end of the current fiscal year, the following information was available to help Viera Company's accountants make adjusting entries: a. The Supplies account showed a beginning balance of S 2,174. Purchases during the year were S 4,526. The end-of-year inventory revealed supplies on hand that cost 1,397 b. The Prepaid Insurance account showed the following on May 31: Beginning Balance February 1 April 1 The beginning balance represents the portion of a one-year policy that remained unexpired at the beginning of the current fiscal year. The February 1 entry represents a new one-year policy, and the April 1 entry represents additional coverage in the form of a three-year policy $ 3,580 t h 4,200 7,272- manch c. The following table contains the cost and annual depreciation for buildings and equipment, all of which were purchased before the current year: Cost Annual Depreciation $14,500 Account $ 286,000 Buildings Equipment 74,000 35,400 d. On March 1, the company completed negotiations with a client and accepted payment e. The company calculated that as of May 31, it had earned $4,000 on an S 11,000 f. Among the liabilities of the company is a note payable in the amount of $ 300,000. On of $ 16,800, which represented one year's services paid in advance. The $ 16,800 was credited to Unearned Service Reventue. contract that would be completed and billed in September. May 31, the accrued interest on this note amounted to $ 15,000. regular salaried employees $ 12,300 services to a new client at an annual rate of $ 17,500. g. On Saturday, June 2, the company, which is on a six-day work week, will pay its h. On May 29, the company completed negotiations and signed a contract to provide