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o. Depreciation on machinery for the year is computed to be $18,000. b. Prepaid Insurance had a $6,000 debit balance at December 31 before adjusting

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o. Depreciation on machinery for the year is computed to be $18,000. b. Prepaid Insurance had a $6,000 debit balance at December 31 before adjusting for expired coverage. A review of insurance policies showed that $1,100 of unexplred insurance coverage remains. c. Supplies had a $700 debit balance at the beginning of the year, and $3.480 of supplies were purchased during the year. The December 31 physical count showed $300 of supplies avallable. d. Forty percent of the consulting work related to $15,000 of cash recelved in advance was performed this period. e. Prepald Rent had a $6,800 debit balance at December 31 before adjusting for expired prepaid rent. A review of the rental agreement showed that $5,800 of prepaid rent had explred. f. Utilities expense of $3,200 has been incurred but not paid as of December 31 . Journal entry worksheet 6 Depreciation on machinery for the year is computed to be $18,000. Note: Enter debits before credits

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