farl File Edit View History Bookmarks Chapter 3 Homework 6 Help Save & a. Depreclation on the company's equipment for 2017 ls computed to be $16,000. b. The Prepaid Insurance account had a $8,000 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 $1,170 of unexpired insurance coverage remains c. The Office Supplies account had a $520 debit balance on December 31, 2016; and $2,680 of office supplies were purchased during the year. The December 31, 2017, physical count showed $614 of supplies available. d. One-fifth of the work related to $10,000 of cash received in advance was performed this perlod. e. The Prepaid Insurance account had a $5,200 debit balance at December 31, 2017, before adjusting for the costs of any expired 10 points coverage. An analysis of insurance policies showed that $4,030 of coverage had expired. f Wage expenses of $7,000 have been incurred but are not paid as of December 31, 2017 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 Depreciation on the company's equipment for 2017 is computed to be $16,000. Note: Enter debits before credts General Journal Debit Credit Prev 1 of 1Next and sana even b. The Prepaid Insurance account had a $8,000 debit balance at December 31,2017, before adjusting for the costs of any expired coverage. An analysis of the company's insurance policles showed that $1170 of unexpired insurance coverage remalns. c. The Office Supplies account had a $520 debit balance on December 31, 2016; and $2,680 of office supplies were purchased during the year. The December 31,2017, physical count showed $614 of supplies available. One-fifth of the work related to $10,000 of cash recelved in advance was performed this perlod. e. The Prepaid Insurance account had a $5,200 debit balance at December 31. 2017, before adjusting for the costs of any expired t. Wage expenses of $7,000 have been incurred but are not paid as of December 31, 2017. coverage. An analysis of insurance policies showed that $4,030 of coverage had expired. 10 points Prepare adjusting journal entries for the year ended (date of) December 31, 2017, for each of these e separate st eBook Hint Print View transaction list Journal entry worksheet 3 The prepaid insurance account had a $8,000 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 $1,170 of unexpired insurance coverage remains. Note: Enter debits before credits. Debit Credit General Journal ansaction b. Prei: 1 of 1 ill Next tnrougn cuitural, educational entertaining, and interactive c. The Office Supplies account had a $520 debit balance on December 31, 2016; and $2,680 of office supplies were pur during the year. The December 31, 2017, physical count showed $614 of supplies available. d. One-fifth of the work related to $10,000 of cash recelved in advance e. The Prepaid Insurance account had a $5,200 debit balance at December 31, 2017, before adjusting for was performed this period. the costs of arny coverage. An analysis of insurance policies showed that $4,030 of coverage had expired. f. Wage expenses of $7,000 have been incurred but are not paid as of December 31, 2017. 10 points Prepare adjusting Journal entries for the year ended (date of) December 31, 2017, for each of these separate stuation eBook View transaction list Hint Journal entry worksheet Print The Office Supplies account had a $520 debit balance on December 31, 2016; and $2,680 of office supplies were purchased during the year. The December 31, 2017, physical count showed $614 of supplies available. Note: Enter debits before credits. Debit c Credit General Journal Transaction C. 1 of 1i Next Mc mrand events for stude
