Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)

a. Depreciation for the current year includes Equipment, $2,200.

b. Each Monday,

pays employees for the previous week's work. The amount of weekly payroll is $8,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls onThursday.

c. During the year, $2,100. Perryville purchased office supplies for $3,400, and at December 31 the office supplies on hand totaled$1,200.

(Assume that PerryvillePerryville debits an asset account when supplies are purchased.)

d. prepaid a two full years' insurance on April 1 of the current year, $6,000. Record insurance expense for the year ended December 31. (When the policy was purchased on April 1, assume that PerryvillePerryville debited an asset account.)

e. had earned $2,900 of unearned revenue. (When the cash was received, assume that a liability account was credited.)

f. had incurred (but not recorded) $140 of interest expense on a note payable. The interest will not be paid until February 28.

PerryvillePerryville

g. billed customers $5,500 for welding services performed.