Jount the agentry needed on December 31, 2020, the end of the current accounting period for each of the independentes afecting Clay Corp include explanation for each entry Click the icon to view the independent cases) Requirement. Jo he adjusting entry needed on December 31, 2000, the end of the current accounting period for each of the following independent cases in Calway Corp include an explanation for each entry Record debits first credits Enter explanations on the last line) a. Details of the past sunce scout reveal any begining of the year) deb bilance of $400 and a date to the account on March 31 for $9.400 to record the payment of an annual ce premium Al December 31, 2030 Sis prepard Record the insurance expense for the year ended December 31, 2020 Journal Entry Date Accounts and Explanation Debit Creat December 31 b. Calways employees cach Fiday The amount of the weekly payrol 5.700 for five work week The end of the current accounting period on Tuesday Record the accrual for sale at the end of the period Journal Entry Date Accounts and Explanation Debit Credit December Choose from any or enter any number in the input fields and then continue to the next question EF Type here to search O E! ENG 3 E 9. 10/29 ember 3 Independent Cases - Inch (beginn hual i 31, 2020 a. Details of Prepaid Insurance are shown in the account: Prepaid Insurance Jan 1 Bal 400 Mar 31 3,400 Callasway prepays insurance on March 31 each year. At December 31, $850 is still prepaid. b. Callasway pays employees each Friday. The amount of the weekly payroll is $5,700 for a five-day work week. The current accounting period ends on Tuesday c. Callasway has a note receivable: During the current year, the company has earned accrued interest revenue of $450 that it will receive next year. d. The beginning balance of Supplies was $3,000. During the year, Callasway purchased supplies costing $6,500 and at December 31 supplies on hand is $1,400. e. Callasway delivered goods to a customer on December 31, 2020. On January 2, it invoiced the customer S12,900 for these goods. f. Depreciation for the current year includes Office Furniture, 1980, and Equipment, $2,720. Make a compound entry the weekly ion Print Done