a$.$ Depreciation on the company's wind turbine equipment for the year is $$5,800.$

b$.$ The Prepaid Insurance account for the solar panels had a $$2,800$ debit balance at December $31$ before adjusting for

the costs of any expired coverage. Analysis of prepaid insurance shows that $$1,000$ of unexpired insurance

coverage remains at year$-$end.

c$.$ The company received $$5,400$ 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,$$$2,000$ 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, $$480$ of interest revenue from investments in

socially responsible bonds. The interest revenue is expected to be received on January $12.$

Exercise $3-13($Algo$)$ Preparing adjusting entries LO P$1,$ P$2,$ P$3,$ P$4$

For each of the above separate cases, prepare the required December $31$ year$-$end adjusting entries.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Depreciation on the company's wind turbine equipment for the year is $$5,800.$

Note: Enter debits before credits.