Question 4. (6 points) Prepare adjusting entries based on the following financial data. 1. Depreciation of office equipment amounted to 10,000. Accumulated depreciation of office equipment at year end was 40,000. 2. Paid the insurance premiums for a building for 25,000 for one year. The Balance of Prepaid insurance was 50,000 at year end.. 3. Services provided but not yet billed amounted to 50,000. 4. Wages accrued unpaid to the secretary were 5,000. The secretary is paid every week on Thursday for 25,000. December 31 this year fell on Monday and 20,000 applies to wages in the following month. 5. The office supplies account had a balance of $5,000 at year end. The beginning balance was 20,000