QA a. Wages of $7,000 are earned by workers but not paid as of December 31. 6. Depreciation on the company's equipment for the year is $10,480. c. The Supplies account had a $340 debit balance at the beginning of the year. During the year, $4,714 of supplies are purchased. A physical count of supplies at December 31 shows $521 of supplies available. d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $3,100 of unexpired insurance benefits remain at December 31. e. The company has earned (but not recorded) $1,000 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10. f. The company has a bank loan and has incurred (but not recorded) interest expense of $2,500 for the year ended December 31. The company will p interest five days after the year-end on January 5. pay the For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including (+) increase or (-) decrease) for each transaction or event. CORDED pe -se perse decrease 1.000 Wages payable -decrease 7,000 increase increase . increase .