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a. Depreciation for the current year includes equipment, $2,600. b. Each Monday, Betterton pays employees for the previous week's work. The amount of weekly payroll

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a. Depreciation for the current year includes equipment, $2,600. b. Each Monday, Betterton pays employees for the previous week's work. The amount of weekly payroll is $2,800 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $2,700. During the year, Betterton purchased office supplies for $2,600, and at December 31 the office supplies on hand totaled $1.900. d. Betterton prepaid a two full years' insurance on April 1 of the current year, $5.520. Record insurance expense for the year ended December 31 e. Betterton had eamed $2.900 of unearned revenue. 1. Betterton had incurred (but not recorded) $190 of interest expense on a note payable. The interest will not be paid until February 28 g. Betterton billed customers $7,500 for welding services performed em Chui a. Depreciation for the current year includes Equipment, $2,600. Date Accounts and Explanation Debit Credit (a) Dec. 31 b. Each Monday, Betterton pays employees for the previous ook Thin

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