Consider the following situations for Bookfield Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits More Info a. Depreciation for the current year includes Equipment, $2,100 Date Accounts and Explanation Debit Credit (a) Dec. 31 a. Depreciation for the current year includes equipment, $2,100. b. Each Monday, Bookfield pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. C. The beginning balance of Office Supplies was $3,000. During the year, Bookfield purchased office supplies for $2,800, and at December 31 the office supplies on hand totaled $1,000. d. Bookfield prepaid a two full years' insurance on October 1 of the current year, $4,800. Record insurance expense for the year ended December 31. e. Bookfield had earned $3,500 of unearned revenue. f. Bookfield had incurred (but not recorded) $180 of interest expense on a note payable. The interest will not be paid until February 28 g. Bookfield billed customers $4,000 for welding services performed. b. Each Monday, Bookfield pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day wo Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Print Done