a. Wages of $8,000 are earned by workers but not paid as of December 31, b. Depreciation on the company's equipment for the year is $18,000. c. The Office Supplies account had a $240 debit balance at the beginning of the year. During the year, $5,200 of office supplies are purchased. A physical count of supplies at December 31 shows $440 of supplies available. d. The Prepaid Insurance account had a $4.000 balance at the beginning of the year. An analysis of insurance policies shows that $1.200 of unexpired Insurance benefits remain at December 31. e. The company has earned (but not recorded) $1,050 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, prepare adjusting entries required of financial statements for the year ended (date of) December 31 1 Wages of $8,000 are earned by workers but not paid as of December 31. 2 Depreciation on the company's equipment for the year is $18,000. 3 The Office Supplies account had a $240 debit balance at the beginning of the year. During the year, $5,200 of office supplies are purchased. A physical count of supplies at December 31 shows $440 of supplies available. 4 The Prepaid Insurance account had a $4,000 balance at the beginning of the year. An analysis of insurance policies shows that $1,200 of unexpired insurance benefits remain at December 31. 5 The company has earned (but not recorded) $1,050 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year- end on January 10. 6 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. Note: journal entry has been entered