b. The inventory of supplies on hand at December 31, 20--, was $230. The 4-month insurance premium of $1,800 was purchased on December 1, 20- The $34,000 of equipment was purchased on January 1, two years ago. It has a salvage value of $2,000. Straight-line depreciation was used to compute depreciation last the end of last year. Wages accrued at December 31, 20--, were $3,700. d. Omit explanations. If an amount box does not require, leave it blank. Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT REF 1 a. 1 2. 2 3 bi 3 4 5 7 d S