g. Lindy has incurred $900 of interest expense on a $1,300 interest payment due on January 15 Journalize the subsequent journal entry that L. \begin{tabular}{c|l|l|l|l|l|} \hline \multicolumn{1}{c|}{ Date } & Accounts and Explanation & Debit & Credit \\ \hline \hline Jan15 & Interest Expense & \\ \hline & Prepaid insurance & \\ \hline & & \end{tabular} a. Each Friday, Lindy pays employees for the current week's work. The amount of the weekly payroll is \$6,000 for a five-day workweek. This year December 31 falls on a Wednesday. Lindy will pay its employees on January 2. b. On January 1 of the current year, Lindy purchases an insurance policy that covers two years, $8,000 c. The beginning balance of Office Supplies was $3,800. During the year, Lindy purchased office supplies for $5,000, and at December 31 the office supplies on hand total $2,300. d. During December, Lindy designed a landscape plan and the client prepaid $8,000. Lindy recorded this amount as Unearned Revenue. The job will take several months to complete, and Lindy estimates that the company has earned 60% of the total revenue during the current year. e. At December 31, Lindy had earned \$2,500 for landscape services completed for Moving On Up Appliances. Moving On Up has stated that it will pay Lindy on January 10 f. Depreciation for the current year includes Equipment, \$3,100, and Trucks, \$2,000 g. Lindy has incurred $900 of interest expense on a $1,300 interest payment due on January 15