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a. Details of Prepaid Insurance are shown in the following account: Callaway prepays insurance on March 31 each year. As of December 31,$875 is still

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a. Details of Prepaid Insurance are shown in the following account: Callaway prepays insurance on March 31 each year. As of December 31,$875 is still prepaid. b. Callaway pays employees each Friday. The amount of the weekly payroll is $5,500 for a five-day work week. The current accounting period ends on Thursday. c. Callaway has a note receivable. During the current year, the company has earned accrued interest revenue of $490 that it will receive next year. d. The beginning balance of Supplies was $2,570. During the year, Callaway purchased supplies costing $5,800, and on December 31 supplies on hand total is $2,150. e. Callaway delivered goods to a customer on December 31,20XX. On January 2, it invoiced the customer $11,400 for these goods. f. Depreciation for the current year includes Office Furniture, $1,020, and Equipment, $2,740. Make a compound entry. \begin{tabular}{|c|c|c|c|} \hline Oate & Acesuet Thies ane Erpiansion & Deot & Coned \\ \hline \multicolumn{4}{|c|}{ Deventer 31} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline oats & Acesust Tlies ane Erplasulios & Deeil & Creeter \\ \hline \multicolumn{4}{|l|}{ Desenter 3t} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline Date & Aetaust Tities ans Eaplanatias & Dowin & Creda \\ \hline \multicolumn{4}{|l|}{ Desenter 31} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} d. The beginning balance of supplies was $2,570. During the year, Calaway purchased supplies for $5,800, and as of December 31 , the supplies cn hand total is $2,150. Record the necessary entry to adjust the Supplies aocount at the end of the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) e. Callaway delivered goods to a customer on December 31,20x. On January 2, it involced the customer $11,400 for these poods. Record the entry at the end of the year, (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) t. Depreciation for the current year includes Office Furniture, \$1,020, and Equipment. \$2,740. Make a compound entry. Record the compound entry to record the depreciation. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.)

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