Prepare adjusting entries required at year-end, December 31, 2017, for the following:

a.Depreciation on equipment is $225for the year.

b.During the month, supplies were purchased at a cost of $1,040. At month-end $240 of supplies were on hand.

c.A one-year insurance policy was purchased on June 1 for $2,400.

d.Employee wages of $1,200 for the last week of the month have not been recorded.

e.On December 1, $18,000 was received for a service contract to be performed from December 1 through April30.Assume the work is performed evenly throughout the contract period.

f.provided $300 of services to a client thathadnotbeenbilled at the end of the year.