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prepare the journal entries fkr the situations in the picture a. Depreciation on the company's equipment for the year is computed to be $11,000. b.

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prepare the journal entries fkr the situations in the picture
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a. Depreciation on the company's equipment for the year is computed to be $11,000. b. The Prepaid insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $810 of unexpired insurance coverage remains. c. The Supplies account had a $580 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $684 of supplies avallable. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $4.790 of prepaid rent had expired. f. Wage expenses of $6,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation. a. Depreciation on the company's equipment for the year is computed to be $11,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $810 of unexpired insurance coverage remains. c. The Supplies account had a $580 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $684 of supplies available. d. Two-thirds of the work related to $12,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,600 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $4.790 of prepaid rent had expired. f. Wage expenses of $6,000 have been incurred but are not paid as of December 31 . Prepare adjusting journal entries for the year ended December 31 for each separate situation

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