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a . Depreciation on the company's equipment for the year is computed to be $ 1 8 , 0 0 0 . b . The

a. Depreciation on the company's equipment for the year is computed to be $18,000.
b. The Prepald Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any explred coverage. An analysis of the company's insurance policles showed that $1,290 of unexplred insurance coverage remains.
c. The Supplies account had a $500 deblt balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $590 of supplies avallable.
d. Two-thirds of the work related to $12,000 of cash recelved in advance was performed this period.
e. The Prepald Rent account had a $5,900 debit balance at December 31 before adjusting for the costs of explred prepald rent An analysis of the rental agreement showed that $4,610 of prepald rent had expired.
f. Wage expenses of $3,000 have been Incurred but are not pald as of December 31.
Prepare adjusting Journal entrles for the year ended December 31 for each separate situation.
Journal entry worksheet
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Depreciation on the company's equipment for the year is computed to be $18,000.
Noke: Enter debits before creats.
\table[[Transaction,General Journal,Debit,Credit],[a.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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