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E a. Depreciation on the company's equipment for 2017 is computed to be $10,000. b. The Prepaid Insurance account had a $9,000 debit balance at

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E a. Depreciation on the company's equipment for 2017 is computed to be $10,000. b. The Prepaid Insurance account had a $9,000 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $1,040 of unexpired insurance coverage remains. c. The Office Supplies account had a $220 debit balance on December 31, 2016; and $2,680 of office supplies were purchased during the year. The December 31, 2017, physical count showed $260 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Insurance account had a $5,700 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage. An analysis of insurance policies showed that $4,660 of coverage had expired. f. Wage expenses of $3,000 have been incurred but are not paid as of December 31, 2017. E Prepare adjusting journal entries for the year ended (date of) December 31, 2017, for each of these separate situations. View transaction list Journal entry worksheet 2 3 4 5 6 Depreciation on the company's equipment for 2017 is computed to be $10,000. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 3 4 5 6 The prepaid insurance account had a $9,000 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $1,040 of unexpired insurance coverage remains. Note: Enter debits before credits. Transaction General Journal / Debit Credit Record entry Clear entry View general journal Journal entry worksheet

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