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1. Depreciation on the company's equipment for the year is computed to be $11,000, b. The Prepaid Insurance account had a $7.000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of the company's Insurance policies showed that $880 of unexplred insurance coverage remains c. The Office Supplies account had a $600 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $708 of supplies available d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. c. The Prepaid Rent account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of rental policies showed that $4,120 of rental coverage had expired. 1. Wage expenses of $3,000 have been incurred but are not paid as of December 31 Prepare adjusting journal entries for the year ended (date of) December 31 for each of these separate situations View transaction test Journal entry worksheet > The Office Supplies account had a $600 debit balance at the beginning of December; and $2,680 of office supplies were purchased in December. The December 31 physical count showed $708 of supplies available. Noter Encer debits before credits Transaction Credit General Journal Supplies expense Supplies Debit 3.988 3,888 Record entry Cleary View general journal o. Depreciation on the company's equipment for the year is computed to be $11,000 b. The Prepaid Insurance account had a $7,000 debit balance of December 31 before adjusting for the costs of any expired coverage An analysis of the company's Insurance policies showed that Sabo of unexpired Insurance coverage remains. c. The Office Supplies account had a $600 debit balance at the beginning of December, and $2.680 of office supplies were purchased in December The December 31 physical count showed 5708 of supplies available d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period e. The Prepaid Rent account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $4120 of rental coverage had exptred 1. Wage expenses of $3,000 have been incurred but are not paid as of December 31, Prepare adjusting journal entries for the year ended (date of) December 31 for each of these separate situations View transaction Rot Journal entry worksheet 5 The Prepaid Rent account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analyus of rental policies showed that $4,120 of rental coverage had expired. Motel Enter debits before credits Credit Transaction General Journal Prepaid rent Prepakt insurance Debit 380 DO Record entry Clear entry View general Journal