Consider the following situations for Galestown Welding Services

View the situations. entry table.$)$

a$.$ Depreciation on the equipment for the current year is $$2,500.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[($a$)$ Dec $31,,,],[,,,],[,,,],[,,,],[,,,]]$

Situations

a$.$ Depreciation on the equipment for the current year is $$2,500.$

b$.$ Each Monday, Galestown Welding Services pays employees for the previous week's work. The amount of weekly payroll is $$4,900$ for a seven$-$day workweek $($Monday to Sunday$).$ This year, December $31$ falls on Thursday.

c$.$ The beginning balance of Supplies was $$2,200.$ During the year, Galestown Welding Services purchased supplies for $$2,400,$ and at December $31$ the supplies on hand totaled $$1,200.$

d$.$ Galestown Welding Services prepaid a two full years' insurance on April $1$ of the current year, $$5,040.$ Record insurance expense for the year ended December $31$

e$.$ Galestown Welding Services had earned $$3,000$ of unearned revenue

f$.$ Galestown Welding Services had incurred $($but not recorded$)$ $$170$ of interest expense on a notes payable. The interest will not be paid until February $28.$

g$.$ Galestown Welding Services billed customers $$4,500$ for welding services performed.