Cases a. The details of Prepaid Insurance are as follows: Prepaid Insurance Jan 1 Bal 2.100 Mar 31 3,500 Jackson prepays insurance on March 31 each year. At December 31, $500 is still prepaid. b. Jackson pays employees each Friday. The amount of the weekly payroll is $5,600 for a five-day work week. The current accounting period ends on Tuesday. c. Jackson has a note receivable. During the current year, Jackson has earned accrued interest revenue of $400 that it will collect next year. d. The beginning balance of supplies was $3,200. During the year, Jackson purchased supplies costing $6,100, and at December 31 supplies on hand total $2,100 e. Jackson is providing services for Manatee Investments, and the owner of Manatee paid Jackson an annual service fee of $11,300 Jackson recorded this amount as Unearned Service Revenue. Jackson estimates that it has eamed 60% of the total fee during the current year. f. Depreciation for the current year includes Office Furniture, $3,200, and Equipment, 55,800. Print Done Requirement 1. Journalize the acutting entry noted on December 31, the end of the current accounting period for each of the independent cases affecting Jackson Corporation Indude an explanation to each eney Detals of the Prepaid murance account reveal a Jursary (beginning of the yeary debt balance of 52,100 and a debit to the account on March for $3,900 18 micond the payment of an anal pornoce line of the journal entry to Journal Entry Accounts and Explanation Debit Credit Date Dec 31 b. Jada per amployees ch Friday. The amount of the weekly nayroll : 55.600 for a five-day work. The camint accounting period ends on a Today Journal Entry Da Accounts and explanation Dabil Crede De 11 cacions covering the current year, Jackson has come art revenue of 500 collect you Journal Date Accounts and explanation De Credit De 31 d. The beginning balance of supplies was $3,200. Duting the year Jackson purchased supplies for $6.100, and it nombor the supplen on hand total 52.100, 31 Journal Entry Accounts and Explanation Debit Crect Date Dec 31 Jackson is providing services for Munaton investments, and the owner of Manatee paid Jackson 511 300 as the annual service for con recorded this mount as named Service Revenue. Journal Entry Accounts and Explanation Debit Credit 31 Da 1. Depreciation for the current your locudes Office Future, 5.200, and Equipment, 55.000. Make the smal entry for a depreciation Journal Entry Accounts and Explanation Deble Credit De Dec 31