day they January 6.201 will be paid salaries for five full days on Monday. d. The company purchased a building on January 1. 2010. It cost s960,000 and is expected to have a Required salvage value at the end of its predicted 30-year life.Annual ation is $30,500. Use the information to prepare adjusting entries as of December 31, 2010 Check Dr Insurance Expense, SIIA40 (d) Dr Depreciarion Expense, 010, Natsu Co.'s annual accounting period ends on october 31, 2010. The following information concems the Exercise 5-8 adjusting entries that need to be recorded as of that date. Recording adjusting journal office supplies account started the fiscal year with a s600 balance, During the fiscal year, the entries LO3 y are ere normally the omee supplies account. The supplies available at October 31.2010, totaled $800. An analysis of the company's insurance policies provided the following facts. Date of Purchase The total cost 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.oear-end adjusting entries for Prepaid insurance were properly recorded in all prior fiscal years.) c. The company has four employees, who eam a total of $1,000 for each workday. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that 20 Chapter 5 Adjusting Accounts and Preparing Financial statements october 31, 2010, is a Monday, and allfive employees worked the first day of that week. They will be paid salaries for five full days on Monday, November 7,2010. d. The company purchased a building on November 1, 2009, that cost $175,000 and is expected have a $40,000 salvage value at the end of its predicted 25-year life. Annual depreciation is $5,400 Check (by Dr Insurance $5.350 Expense, Required (dy Dr. Depreciation Expense, Use the information to prepare adjusting entries as of October31,2010