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Question Nine (10%) Prepare general journal entries on December 31, 2018 to record the following unrelated year-end adjustments. (a) On December 2, 2018, 56,200 of

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Question Nine (10%) Prepare general journal entries on December 31, 2018 to record the following unrelated year-end adjustments. (a) On December 2, 2018, 56,200 of supplies were purchased and recorded as an asset. A count revealed $1.000 still on hand at December 31, 2018 (b) Services performed during December but not yet billed to customers totaled $5,000. (c) Depreciation of equipment is recorded using the straight-line method over 10 years. The equipment was purchased on December 1, 2018 for $300,000 and has no residual value at the end of its useful life. (d) Paid insurance expired during the month of December was $2,000. (e) Interest has accrued of $580 on a loan for the month. Date Account Title and Explanation Debit Credit 6800 1000 A 820Z Eas Asset - Supplies -Cash 2164 Angel Sopphes ou Wound-Cash t/31/14 11 Asses - cash equipment D. 1/31/16 Prepard in sware expense E SI/K Interest chiability thank loan 300,000 2,000

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