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please do journal entries Required informotion [The following information applies to the questions displayed below] 0. Wages of $12000 are eamed by workers but not
please do journal entries
Required informotion [The following information applies to the questions displayed below] 0. Wages of $12000 are eamed by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $10,960 c. The Supplies account had a $310 debit balance at the beginning of the year. During the year, $6,255 of supplies are purchased A physical count of supplies at December 31 shows $676 of supplies avadabie d. The Prepaid insurance account had a $5.000 balance at the begirning of the yeat An analysis of insurance policies shows that $1.500 of unexpired insurance benefits remain at December 31 . e. The company has eamed (but not recorded) $900 of interest reverue for the year ended December 31 The interest payment will be recelved 10 days after the yearend on January 10 . 1. The company has a bank loan and has incuired (but not recorded) interest expense of $4,000 for the year enced December 31. The company wilipay the interest five days after the year-end on January 5 . For each of the above separate cases, prepare adjusting enties required of financial statements for the year ended December at. Journal entry worksheet Step by Step Solution
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