Prepare adjusting journal entries for the year ended 31 December, 2020, for each of these separate situations. You can use the following chart of accounts: Accounts Receivable; Supplies; Prepaid Insurance; Equipment; Accumulated Depreciation-Equipment; Wages Payable; Unearned Revenue; Revenue: Wages Expense: Supplies Expense; Insurance Expense; Depreciation Expense-Equipment. A company purchased equipment in January 2020. It is depreciated for $9,000 every year. 3 marks The Prepaid Insurance account had a $4,000 debit balance in the start of the year. An analysis of the company's insurance policies showed that $3,200 insurance expired. 3 marks The Office Supplies account had a $4,500 debit balance on January 1, 2020. The December 31, 2020, physical count showed $700 of supplies is available in hand. 3 marks d. An advance of $18,000 cash was received for service to be performed. At the end of the year, $7,800 worth service was performed. 3 marks e. Salaries expenses of $20,000 have been incurred but are not paid as of December 31, 2020. 3 marks Copy (Ctrl C and Command C for Mac) and paste the table (Ctrl V and Command V for Mac) in your answer space. Date Account Debit Credit