a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepaid Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any e An analysis of the company's Insurance policies showed that $1,450 of unexplred Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplie purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet 2 3 4 5 6 1 > Depreciation on the company's equipment for the year is computed to be $16,000. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepaid Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of the company's Insurance policies showed that $1,450 of unexpired Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet The prepaid insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $1,450 of unexpired insurance coverage remains. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepald Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's Insurance policies showed that $1,450 of unexpired Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any explred coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet The Office Supplies account had a $420 debit balance at the beginning of December; and $2,580 of office supplies were purchased in December. The December 31 physical count showed $495 of supplies available. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepaid Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's Insurance policies showed that $1,450 of unexpired Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet Three-fourths of the work related to $13,000 of cash received in advance was performed this period. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepaid Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's Insurance policies showed that $1,450 of unexplred Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet The prepaid rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal a. Depreciation on the company's equipment for the year is computed to be $16,000. b. The Prepaid Insurance account had a $7,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's Insurance policies showed that $1,450 of unexplred Insurance coverage remains. c. The Office Supplies account had a $420 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $496 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,100 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $3,650 of rental coverage had expired. f. Wage expenses of $4,000 have been incurred but are not paid as of December 31. Prepare adjusting Journal entries for the year ended (date of) December 31 for each of these separate situations. View transaction list Journal entry worksheet Wage expenses of $4,000 have been incurred but are not paid as of December 31. Note: Enter debits before credits. Transaction General Journal Debit Credit f. Record entry Clear entry View general journal