ck Problem 3-2A Preparing adjusting and subsequent journal entries LO P1, P2, P3, P4 Arnez Company's annual accounting period ends on December 31, 2019. The following information concerns the adjusting entries to be recorded as of that date. a. The Office Supplies account started the year with a $3.800 belance. During 2019, the company purchased supplies for $15,694, which was added to the Office Supplies account. The inventory of supplies available at December 31, 2019, totaled $3,344. b. An analysis of the company's insurance policies provided the following fects ces Policy Date of Purchase Months of Coverage A April 1, 2017 24 B April 1, 2018 36 C August 1, 2019 12 Cost $11,544 10,296 9,144 The total premium for each policy was paid in full (for all months) at the purchase date, and the Prepaid Insurance account was debited for the full cost. (Year-end adjusting entries for Prepaid Insurance were properly recorded in all prior years.) e. The company has 15 employees, who earn a total of $1.900 in salaries each working day. They are paid each Monday for their work In the five-day workweek ending on the previous Friday. Assume that December 31, 2019, is a Tuesday, and all 15 employees worked the first two days of that week. Because New Year's Day is a paid holiday, they will be paid salaries for five full days on Monday, January 6, 2020. d. The company purchased a building on January 1, 2019. It cost $715.000 and is expected to have a $45,000 salvage value at the end of its predicted 30-year life. Annual depreciation is $22.333. Chec