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Cases a. The details of Prepaid Insurance are as follows: Prepaid Insurance Jan 1 Bal 2,200 Mar 31 3,700 Nickelson prepays insurance on March 31 each year. At December 31, $900 is still prepaid. b. Nickelson pays employees each Friday. The amount of the weekly payroll is $6,100 for a five-day work week. The current accounting period ends on Monday. c. Nickelson has a note receivable. During the current year, Nickelson has earned accrued interest revenue of $500 that it will collect next year. d. The beginning balance of supplies was $3,200. During the year, Nickelson purchased supplies costing $6,100, and at December 31 supplies on hand total $2,100. e. Nickelson is providing services for Seal Coast Investments, and the owner of Seal Coast pald Nickelson an annual service fee of $12,100. Nickelson recorded this amount as Unearned Service Revenue. Nickelson estimates that it has earned 70% of the total fee during the current year. f. Depreciation for the current year includes Office Furniture, $3,100, and Equipment, $6,100. nach a. Details of the Prepaid instance contreveal January 1 beginning of the year of 2.200 de contact for 9.700 Recorde payment an am. A December 31 5900 is prepard (Record bistro Select the poste pary Journal Entry Date Accounts and Explanation Det Credit Dec 31 b. Nickelson pays employees each Friday. The amount of the weekly payroit is $6,100 for a five-day work week. The current accounting period ends on a Monday Journal Entry Accounts and Explanation Credit Date Debit Dec 31 44 c. Nickelson has a note receivable. During the current year, Nickelson has earned accrued interest revenue of $500 that it will collect next year. Journal Entry Date Accounts and Explanation Debit Credit Dec 31 d. The beginning balance of supplies was $3,200. During the year, Nickelson purchased supplies for $6,100, and at December 31 the supplies on hand tota Journal Entry Date Accounts and Explanation Debit Credit Dec 31 e. Nickson is providing services for coast investments, and the owner of Seal Coastal Nick 512.00 te service for the amount as and Services it has earned 70% of the totale during the curent year Journal Entry Date Accounts and explanation Debit Credit Dec 31 f. Depreciation for the current year includes Office Furniture, $3,100, and Equipment, $6,100. (Make one journal entry for all depreciation.) Journal Entry Date Accounts and Explanation Debit Credit Dec 31