a. The Supplies account shows a balance of

$510

, but a count of supplies reveals only

$260

\ b. The company initially records the payments of all insurance premiums as prepaid insuran year-end shows a balance of

$520

in Prepaid Insurance. A review of insurance policies r unexpired.\ c. Employees work Monday through Friday, and salaries of

$2,900

per week are paid each Tuesday.\ d. At year-end, the company received a utility bill for December's electricity usage of

$250

a. The Supplies account shows a balance of $510, but a count of supplies reveals only $260 b. The company initially records the payments of all insurance premiums as prepaid insuran year-end shows a balance of $520 in Prepaid Insurance. A review of insurance policies re unexpired. c. Employees work Monday through Friday, and salaries of $2,900 per week are paid each Tuesday. d. At year-end, the company received a utility bill for December's electricity usage of $25