Debit Credit 400 400 Adjusting Entry information for December 31: A Prepaid Insurance which has expired $400. B. Ending Cleaning Supplies Inventory is $1,300. - C. Fees earned but not yet received is $4,200 5 D. Depreciation on the Office Equipment for this year, $350. - E. Wages accrued but not yet paid, $1,900. 3 (c) Journalize the adjusting entries using the worksheet as a basis. dec 31 20x1 1 A Insurance expense 2 Prepaid insurance 3 dec 31 20x1 4. B. Cleaning supplies expense -5 Cleaning supplies 26 dec 31 20x1 17 . Accounts Receivable 18 Fees Earned 19 dec 31 20x1 50 D Depr-expense Office Equip 51 Accumulated depreciation 52 dec 31 20x1 53 E Wages expense 54 Wages payable 55 56 3,200 3,200 4,200 4,200 350 350 1,900 1,900 400 3,200 3,200 4,200 4,200 350 350 1,900 1,900 Prepaid insurance 3 dec 31 20x1 1 B Cleaning supplies expense 5 Cleaning supplies 5 dec 31 20x1 7 . Accounts Receivable 3 Fees Earned dec 31 20x1 D Depr-expense Office Equip 1 Accumulated depreciation 2 dec 31 20x1 3 E Wages expense 4 Wages payable 5 6 7 (d) Journalize the closing entries using the worksheet as a basis 8 9 . Income summary 0 To Wages expense 1 To Rent expense 2 To Utilities expense 3 To Cleaning supplies expense 4 To Insurance expense -5 To Depr-expense Office Equip -6 -7 -8 . Income summary TO J. Smith, Capital Credit Debit 44,650 31,900 4,700 4,100 3,200 400 350 B 44,550 44,550 O O O Instructions 1. Worksheet 2. Financial Statements 3. Post Closing Trial Balance R I feel like the Z closing entries are not correct.. could you please type out what it should be .. thank you so much for your help