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o. Depreciation on the company's equipment for the year is computed to be $13,000 b. The Prepaid Insurance account had a $8,000 debit balance at

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o. Depreciation on the company's equipment for the year is computed to be $13,000 b. The Prepaid Insurance account had a $8,000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of the company's insurance policies showed that $990 of unexpired insurance coverage remains c. The Supplies account had a $550 debit balance at the beginning of the year , and $2,680 of supplies were purchased during the year. The December 31 physical count showed $649 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 $5,800 debit balance at December 31 before adjusting for the costs of expired prepaid rent An analysis of the rental agreement showed that $4,810 of prepaid rent bad 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 1 2 3 4 5 6 Depreciation on the company's equipment for the year is computed to be $13,000. Note: Enter debits before credits Transaction General Journal Debit Credit a Record entry Clear entry View general journal 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. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 or 6 The Prepaid Rent account had a $5,800 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $4,810 of prepaid rent had expired. Note: Enter debits before credits. Transaction General Journal Debit Credit e Record entry Clear entry View general journal Journal entry worksheet Wage expenses of $5,000 have been incurred but are not paid as of December 31. Note: Enter debits before credits. General Journal Debit Credit Transaction f Record entry Clear entry View general journal

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