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Required information [The following information applies to the questions displayed below.] a. Wages of $7,000 are earned by workers but not paid as of December 31 . b. Depreciation on the company's equipment for the year is $10,360. c. The Supplies account had a $320 debit balance at the beginning of the year. During the year, $4,721 of supplies are purchased. A physical count of supplies at December 31 shows $522 of supplies available. d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $2,000 of unexpired insurance benefits remain at December 31 . e. The company has earned (but not recorded) $600 of interest revenue for the year ended December 31 . The interest payment will be received 10 days after the year-end on January 10. f. The company has a bank loan and has incurred (but not recorded) interest expense of $4,500 for the year ended December 31 . The company will pay the interest five days after the year-end on January 5. or each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, entify the accounts and amounts (including (+) increase or () decrease) for each transaction or event. nation applies to the questions displayed below] 00 are earned by workers but not paid as of December 3 . in the company's equipment for the year is $10,360. iccount had a $320 debit balance at the beginning of the year, During the year, $4,721 of supplies are Jhysical count of supplies at December 31 shows $522 of supplies available. surance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies 000 of unexplred insurance benefits remain at December 31 . has earned (but not recorded) $600 of interest revenue for the year ended December 31 . The interest e recelved 10 days after the year-end on January 10. has a bank loan and has incurted (out not recorded) interest expense of $4,500 for the year ended The company will pay the interest five days after the year-end on January 5. arate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically. amounts (including (+) increase or () decrease) for each transaction or event