r hapter NC240 Explorer http:ljezto 03 Assignment Assignment. Internet Chapter 03 Assigrmen ACCOUNTING 111 points a. One-third of the work related to $15.000 cash in advance is performed this period. b. Wages of $8,000 are earned by workers but not paid as of December 31, 2015. c. Depreciation on the company's equipment for 2015 S18,000. 2015, $5.200 of d. The account had a s240 debit balance on December 31, 2014. During office supples are purchased A physical count of supplies at December 31, 2015, shows $440 of supplies available e. The Prepaid Insurance account had a $4,000 balance on December 31, 2014, An analysis of insurance policies shows that S1,200 of unexpired insurance benefits remain at December 31, 2015 The company has earned (but not recorded) $1,050 of interest from investments in CDs for the year ended December 31, 2015. The interest revenue will be received on January 10. 2016. g. The company has a bank loan and has incurred (but not recorded) interest expense of $2.500 for the year ended December 31, 2015. The company must pay the interest on January 2, 2016 For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended (date of December 31, 2015. (Assume that prepaid expenses are initially recorded in asset accounts and that fees colected in advance of work are initially recorded as liabilities.) view transaction list view general journal Journal Entry Worksheet one-third of the work related to s15,000 cash received in advance is performed this period eral J "Enter debits before credits