a. Wages of $13,000 are earned by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11.920. c. The Supplies account had a $480 debit balance at the beginning of the year. During the year, $5,791 of supplies are purchased. A physical count of supplies at December 31 shows $629 of supplies available d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $2,800 of unexpired insurance benefits remain at December 31. e. The company has earned (but not recorded) $500 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10. f. The company has a bank loan and has incurred (but not recorded) interest expense of $2,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5. For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, Identify the accounts and amounts (including (+) Increase or (-) decrease) for each transaction or event Liabilities Equity B Wages expense Assets (-) decrease o d e said as of December 31 year is $11,920 the beginning of the year. During the year, $5,791 of supplies are ber 31 shows $629 of supplies available. nce at the beginning of the year. An analysis of insurance policies s remain at December 31. of interest revenue for the year ended December 31. The interest d on January 10. ut not recorded) interest expense of $2,500 for the year ended ve days after the year-end on January 5. ng entry by showing its effects on the accounting equation-specifically, (-) decrease) for each transaction or event. Llabilities Equity + +