Question
rehensive Exercises (GRADED) (i) Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a.
rehensive Exercises (GRADED) (i) Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. Wages of $9,000 are earned by workers but not paid as of December 31 . b. Depreciation on the company's equipment for the year is $11,920. c. The Supplies account had a $330 debit balance at the beginning of the year. During the year, $5,471 of supplies are purchased. A physical count of supplies at December 31 shows $597 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 $2,100 of unexpired insurance benefits remain at December 31 . e. The company has earned (but not recorded) $900 of Interest revenue for the year ending December 31 . The interest payment will be received 10 days after the year-end on January 10th. f. The ccompany has a bank loan and has incurred (but not recorded) interest expense of $4,500 for the year ended December 31. The companycompany will pay the interest five days after the year end on January 5.
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