Garvey Company's unadjusted trial balance includes the following account balances as of December 31. 2015: 69.160 117,500 1,340 140,000 8,800 50,600 280,600 Cash Accounts receivable Interest receivable Prepaid insurance Notes Receivable (short-term) Equipment $ 65,100 05,100 21,800 9400 88,200 218,300 144.900 40,900 22,100 Accumulated Depreciation-Equipment Accounts payable Salaries and Wages Payable Unearned revenue Notes Payable (long-term) Common Stock Retained earnings Service revenue Interest revenue Supplies Expense Repair and Maintenance Expense Rent Expense Depreciation Expense Insurance Expense Salaries and Wages Expense 0 26,700 18,000 3.100 Totals $715,800 $715,800 The following data are available to determine adjusting entries A) Insurance purchased at the beginning of July for $8.800 provided coverage for tweive months (July 2015 through June 2016). The insurance coverage for July through Decem ber totaling $4.400 has now been used B) The company estimates $8.250 in depreciation each year. D) An additional $280 of interest has been earned but has not yet been uncollected on the outstanding C) Account showed $86,700 of supplies on hand at the end of the year notes receivable. E) Services in the amount of $5,700 were performed for customers who had previously paid in advance ve not ye: been billed or recorded Required: a. Prepare the adjusing entries that are required at the end of the period ilf no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) View transaction list View transaction list Journal entry worksheet 2 Record the entry for insurance expense expired during the period. Note: Enter debits before credits. Transaction General Journal Debit Credit A. Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 Record the entry for depreciation expense for the period. Note: Enter debits before credits Transaction General Journal Debit Credit B. Record entry Clear entry View general journal View transaction list Journal entry worksheet 6 2 Record the entry for supplies used during the period. Note: Enter debits before credits Credit Debit General Journal Transaction C. Record entry Clear entry View general journal b. Prepare an adjusted trial balance by completing the related columns in the table below Garvey Company Adjusted Trial Balance December 31, 2015 Debit Credit Cash Accounts receivable interest receivable JDU NB select ransactiontevent, View transaction list Journal entry worksheet 6 Record the entry for interest earned and receivable on the outstanding notes receivable for the period. Note: Enter debits before credits. Debit Credi Transaction General Journal D. Record entry Clear entry View general journal Prepare an adjusted trial balance by completing the related columns in the table below b. Garvey Company Adjusted Trial Balance December 31, 2015 Debit Credit Cash Accounts receivable Interest recevable View transaction list Journal entry worksheet Record the entry for services performed, for which customers had previously paid in advance. Note: Enter debits before credits. Credit Debit General Journal Transaction E. Record entry Clear entry View general journal b. Prepare an adjusted trial balance by compleing the related columns in the table below Garvey Company Adjusted Trial Balance December 31, 2015 Debit Credit Cash Apcounts receivable Interest receivable View transaction list Journal entry worksheet 6 2 Record the entry for services performed, which are not yet billed or recorded. Note: Enter debits before credits. General Journal Transaction Clear entry View general journal Record entry b. Prepare an adjusted trial balance by completing the related columns in tne table below Garvey Company Adjusted Trial Balance December 31, 2015 Debit Credit Cash Accounts receivable interest receivable b. Prepare an adjusted trial balance by completing the related columns in the table below Garvey Company Adjusted Trial Balance December 31, 2015 Credit Debit Cash Accounts receivable Interest receivable Supplies Prepaid insurance Notes receivable (short-term) Equipment Accumulated Depreciation--Equipment Accounts payable Salaries and Wages Payable Unearned revenue Notes payable (long-term) Common Stock Retained earnings Service revenue Interest revenue Supplies Expense Repairs and Maintenance Expense Rent Expense Depreciation Expense insurance Expense Salaries and Wages Expense Totals