E3-23 Journalizing adjusting entries Lea Consider the following situations 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 weckly payrollis $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 d. Betterton prepaid a two full years'insurance on July 1 of the current year, S6,00 a two full r ended December 31. Record insurance expense for the yea 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. Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries