Consider the following siluations for Mineral Blut Welding Services: (Click the icon to view the situafichs) Journalie the adjusting entry needed on December 31 for eoch situation. Use the letiers to label the fourna entries. (frecoed debits firs, than credis: Select the explanabon on the ast line of the journal entry table.) 2. Depreciaton for the current year includes Equipment, $2,300 b. Each Monday, Mineral Bau parys employees for the previous weeks work. The amcunt of woeldy payrol is $5,600 for a seven-day workweek (Moriday to Sunday). Tha year, December 31 tals an Thursday c. The beginnng balance of Office Supples was 52, 800. During the year, Minerai Buf purchased offce supples for \$3, 300 , and at December 31 the office supplias on hand totated $1,300. (Aalume: that Mineral Bud debits an assot account when supples are purchased? d. Meral Eut propaid a two ful years' insurance on Wy 1 of the curtent year, $4,800. Record insurance eipense for the year ended December 31 . (When the policy was purchaied on July 1 , assume that Mineral Blut debiled an asset account) Mineral Bluf billed customers $5,500 for welding services performed. a. Depreciation for the current year includes equipment, $2,300. b. Each Monday, Mineral Bluf pays employees for the previous week's work. The amount of weekly payroll is $5,600 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $2,800. During the year, Mineral Bluf purchasd office supplies for $3,300, and at December 31 the office supplies on hand totaled $1,300. d. Mineral Bluf prepaid a two full years' insurance on July 1 of the current year, $4,800. Record insurance expense for the year ended December 31. e. Mineral Bluf had earned $3,800 of unearned revenue. f. Mineral Bluf had incurred (but not recorded) $180 of interest expense on a note payable. The interest will not be paid until February 28. g. Mineral Bluf billed customers $5,500 for welding services performed