Adjusting entries Adjustment data at December 31 follow: a. As of December 31, Guthrie had $700 of Prepaid Insurance remaining. b. At the end of the month, Guthrie had $500 of office supplies remaining, c. Depreciation on the building is $1,200. d. Guthrie pays its employees weekly on Friday. Its employees earn $1,800 for a five-day workweek. December 31 falls on Wednesday this year. e. On November 20, Guthrie contracted to perform services for a client receiving $3,600 in advance. Guthrie recorded this receipt of cash as Unearned Revenue. As of December 31, Guthrie has $1,600 still unearned. Adjusting entries Adjustment data at December 31 follow: a. As of December 31, Guthrie had $700 of Prepaid Insurance remaining. b. At the end of the month, Guthrie had $500 of office supplies remaining, c. Depreciation on the building is $1,200. d. Guthrie pays its employees weekly on Friday. Its employees earn $1,800 for a five-day workweek. December 31 falls on Wednesday this year. e. On November 20, Guthrie contracted to perform services for a client receiving $3,600 in advance. Guthrie recorded this receipt of cash as Unearned Revenue. As of December 31, Guthrie has $1,600 still unearned