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Consider the following situations for Takoma Park Welding Services: ( Click the icon to view the situations. ) a . Depreciation for the current year

Consider the following situations for Takoma Park Welding Services:
(Click the icon to view the situations.)
a. Depreciation for the current year includes Equipment, $2,900.
\table[[Date,Accounts and Explanation,Debit,Credit],[(a) Dec. 31],[,,,],[,,,],[,,,],[,,,]]
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a. Depreciation for the current year includes equipment, $2,900.
b. Each Monday, Takoma Park pays employees for the previous week's work. The amount of weekly payroll is $7,700 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday.
c. The beginning balance of Office Supplies was $2,200. During the year. Takoma Park purchased office supplies for $2,600, and at December 31 the office supplies on hand totaled $2,000.
d. Takoma Park prepaid a two full years' insurance on April 1 of the current year, $6,000. Record insurance expense for the year ended December 31.
e. Takoma Park had earned $2,800 of unearned revenue.
f. Takoma Park had incurred (but not recorded) $120 of interest expense on a note payable. The interest will not be paid until February 28.
g. Takoma Park billed customers $6,000 for welding services performed.
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