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Prepare adjusting Joumal entries for the year ended (date of) December 31, 2020, for each of the separate studion 15 marks You can use the

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Prepare adjusting Joumal entries for the year ended (date of) December 31, 2020, for each of the separate studion 15 marks You can use the following chart of accounts Accounts Recevable Supplies Prepaid Insurance, Equement. Accumulated Degreciation Equipment, Salones Payable Land Rover Free Expense; Insurance Expense, Depreciation Expense-Equipment 2. A company purchased equipment in January 2020. It is depreciated for $5,000 every year ( Mula) b. The Prepaid Insurance account had a 55.000 debit balance in the start of the yeat. An analysis of the company's insurance policies showed that 12.30 0 Marks) e The Office Supplies account had a $3,800 debit balance on December 31, 2019. The December 31, 2020, physical count showed 5700 el pasado Marks)

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