o. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet Depreciation on the company's equipment for the year is computed to be $12,000. Note: Eniter debits before orediesi a. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purcha year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired p analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. Note: Enter debits before credits. a. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2.680 of supplies were purchas year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired pre analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $566 of supplies available. Note: Enter debits before credits. a. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any ex An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purchase year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prep analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31. Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet Two-thirds of the work related to $12,000 of cash received in advance was performed this period. Note: Enter debits before credits. a. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any ex An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purchase year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prep analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $3,830 of prepaid rent had expired. Note: Enter debits before credits. a. Depreciation on the company's equipment for the year is computed to be $12,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage, An analysis of the company's insurance policies showed that $1,770 of unexpired insurance coverage remains. c. The Supplies account had a $480 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $566 of supplies available. d. Two-thirds of the work related to $12,000 of cash recelved in advance was performed this period e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prepaid rent An analysis of the rental agreement showed that $3,830 of prepaid rent had expired. f. Wage expenses of $5,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. Journal entry worksheet Wage expenses of $5,000 have been incurred but are not paid as of December Wote: Enter debits before credts