Prepare year end (dated December 31) adjusting entries for the following situations. (No explanations needed.)

1. A one-year insurance policy was purchased for $1,200. Five months have passed since the purchase.

2. Depreciation on equipment was calculated to be $1,700.

3. Every Friday, wages of $1,000 are paid. December 31 is a Thursday.

4. The company received $3,100 in advance to do a job. By year end, $2,200 of that amount had been earned.

5. The current balance of Office Supplies is $600. A year-end count determined that $150 of supplies remain.