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Directions Choose ONE of the transactions below and show the Journal entry in good format with an explanation. Transactions for Betterton Welding Services: A.

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Directions Choose ONE of the transactions below and show the Journal entry in good format with an explanation. Transactions for Betterton Welding Services: A. Depreciation for the current year includes equipment, $2,100. B. Each Monday, Betterton pays employees for the previous week's work. The amount of weekly payroll is $1,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. C. The beginning balance of Office Supplies was $2.300. During the year, Betterton purchased office supplies for $3,000, and at December 31 the office supplies on hand totaled $1,000. D. Betterton prepaid a two full years' insurance on July 1 of the current year, $6,000. Record insurance expense for the year ended December 31. E. Betterton had earned $2.800 of unearned revenue. F. Betterton had incurred (but not recorded) $200 of interest expense on a note payable. The interest will not be paid until February 28. G. Betterton billed customers $3,000 for welding services performed. Use the letters to label the journal entries. Choose ONE of the transactions above and show the Journal entry in good format with an explanation.

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