Exercise 3-6 Preparing adjusting entries P1 Prepare adjusting journal entries for the year ended (date of) December 31, 2017, for each of these separate situations. (Entries can draw from the following partial chart of accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment Accumulated Depreciation-Equipment, Wages Payable, Unearned Revenue; Revenue, Wages Expense, Supplies Expense; Insurance Expense, Depreciation Expense-Equipment.) a. Depreciation on the company's equipment for 2017 is computed to be $18,000 b. The Prepaid Insurance account had a $6.000 debit balance at December 31. 2017, before adjucting for the costs of any expiresd coverage. An analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains c. The Office Supplies account had a $700 debit balance on December 31, 2016, and $3,430 of office supplies were purchased during the year. The December 31, 2017, phycical count showed $300 of supplies available. Check (c) Dr Supplios Expense, $3,880 d. Two-thirds of the work related to $15,000 of cash received in advance was performed this period e. The Prepaid Insurance account had a $6,800 debit balance at December 31, 2017, before adjusting for the costs of any expired coverage. An analysis of insurance policies showed that $5,800 of coverage had expired () Dr Insurance Expense. $5.800 f. Wage expenses of S3,200 have been incurred but are not paid as of December 31. 2017