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More info a. Prior to making the adjusting entry on December 31 , the balance in Prepaid insurance is $6,000. Canyon Riders, Inc., pays liability insurance each year on July 1. b. Canyon Riders, Inc., pays employees each Friday. The amount of the weekly payroll is $22,500 for a five-day workweek. December 31 ; the fiscal year-end, is a Monday. c. Canyon Riders, Inc., received notes receivable from some customers for services provided. For the current year, accrued interest amounts to $280 and will be collected next year. d. The beginning balance of Supplies was $2,400. During the year, $4,100 of supplies were purchased. At December 31 , the supplies on hand total $2,300. e. During the year, Canyon Riders, Inc., received $14,500 in advance for services to be provided at a later date. As of December 31, Canyon Riders, Inc., earned $3,800 of the total fees received in advance during the current year. f. Depreciation for the current year includes Vehicles, $2,170, and Equipment, $1,800. Journalize the adfusting entry needed at Decomber 31 , the end of the current accounding year, for each of the foliowing independent cases atlocting Canyon Riders, Ine. No other ad/usting antries have been made for the year: (Rocond dobits first, then credits. Exclude explanations from any joumal entries) Click the icon to view the indegendect caster.) a. Prior to making the adjusting entry on December 31 , the balance in Prepaid insurance is $6,000. Canyon Riders, Inc. pays liability insurance each year on July 1 . b. Canyon Riders, inc. pays employees each Friday. The amount of the weekly payrol is $22,500 for a five-day workweek. December 31 , the fiscal year-end, is a Monday. c. Caryon Fuden, the received notes receivable from some customers for services provided. For the current yoar, accrued interest amounts to $280 and wa be collocted next yoat. Journal Entry d. The begmeg balance of Supplet was \$2,400. During the yea, $4,100 of supptes were purchased. At December 3t, the supples an hand total $2,300. advance duing the curent year. \begin{tabular}{l|l|l|l} \hline \multicolumn{2}{c|}{ Joumal Enty } & \\ \hline Dole & Accounts & Debit & Credit \\ \hline Dow & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} f. Depreciation for the current year includes Vehicles, $2,170, and Equipment, $1,800. Make a compound entr