For each of the following separate cases, prepare adjusting entries required of financial statements for the

year ended $($date of$)$ December $31.($Assume that prepaid expenses are initially recorded in asset

accounts and that fees collected in advance of work are initially recorded as liabilities.$)$

a$.$ Wages of $$8,000$ are earned by workers but not paid as of December $31.$

b$.$ Depreciation on the company's equipment for the year is $$18,000.$

c$.$ The Supplies account had a $$240$ debit balance at the beginning of December. During December,

$$5,200$ of supplies are purchased. A physical count of supplies at December $31,$ shows $$440$ of supplies

available.

d$.$ The Prepaid Insurance account had a $$4,000$ balance at the beginning of December. An analysis of

insurance policies shows that $$1,200$ of unexpired insurance benefits remain at December $31.$

e$.$ The company has earned $($but not recorded$)$ $$1,050$ 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 $$2,500$ for the

year ended December $31.$ The company will pay the interest five days after the year$-$end on January $5.$