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More info a. Depreciation for the current year includes equipment, $2,300. b. Each Monday, Taneytown pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $2,900. During the year, Taneytown purchased office supplies for $2,700, and at December 31 the office supplies on hand totaled $1,400. d. Taneytown prepaid a two full years' insurance on April 1 of the current year, $4,560. Record insurance expense for the year ended December 31 . e. Taneytown had earned $3,200 of unearned revenue. f. Taneytown had incurred (but not recorded) $170 of interest expense on a note payable. The interest will not be paid until February 28. g. Taneytown billed customers $5,000 for welding services performed. Consider the falnwing situatione for Taneytown Wicld Gervices: (Click the icon to view the sldeations.] More info a. Depreciation for the current year includes Equloment, 52,300 a. Depreciation for the current yeer inciudes equipment, $2,300 b. Each Monday, Tansytown pays employses for the pesvious veak's work. The amount of weeldy payrol is 52,100 for a seven-day worhesk (Mondsy to Sundapi. This yeax, December 31 fals on Tharsdap c. The beginning balance of Office Suppies was $2900. Durng the year, Taneytown purchssed offioe supples for $2,700, and at December 31 the office supplies en hand totaled $1.400 d. Taneytwwn propaid a too ful years insurance on April 1 of the currant year $4,580. Recod insurence expense fer the year ended December 31 . e. Taneylown had earned $3,200 of unearned reverive. b. Each Monday, Taneytown pays emplopees for the predious wesk's work. The amount of weekty payroll is s2.100 tor a seven-day anriwieek (Monday to Sundiyi. This ysar, December 31 talls on Thurbdsy. f. Taneytwin had incured (but not recorded) $170 of interest expense on a note payable. The interest will not be paid until Fearuery 28. g. Taneylown biled customers $5,000 for welding services performed Consider the folowing situations for Taneytawn Wialding Services: (1) (Cink the imon to vicw the situatione.) More info a. Depreciation tor the current year includes equpment $2,300 b. Each Manday, Taneytoan pays employees for the previous week's werk. The armourt of weekty paytoll is $2,100 for a seven-day woribeek (Monday to Sundey). This year, December 31 falls on Thursday. c. The bejinning belance of otice Supplies was $2,900. During the year, Taneytown purdased otfice supples for $2,700, and at December 31 the affice supples on hand totaled $1,400 d. Taneytown prepaid a two fil yeers' irsurance on Aoril 1 of the current year, 54,560. Fecord insurance expense for the year ended December 31. e. Taneytown had earned 53,200 of uneamed revenue. f. Taneytown had incurred (but nut recorded) $170 af interest expense on a note payable The interest vil not be paid until February 28 0. Teneytown billed customers $5,000 for welding services performed
