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Required information [ The following information applies to the questions displayed below. ] a . Wages of $ 1 3 , 0 0 0 are
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The following information applies to the questions displayed below.
a Wages of $ are earned by workers but not paid as of December
b Depreciation on the company's equipment for the year is $
c The Supplies account had a $ debit balance at the beginning of the year. During the year, $ of supplies are purchased. A physical count of supplies at December shows $ of supplies available.
d The Prepaid Insurance account had a $ balance at the beginning of the year. An analysis of insurance policies shows that $ of unexpired insurance benefits remain at December
e The company has earned but not recorded $ of interest revenue for the year ended December The interest payment will be received days after the yearend on January
f The company has a bank loan and has incurred but not recorded interest expense of $ for the year ended December The company will pay the interest five days after the yearend on January
For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equationspecifically, identify the accounts and amounts including increase or decrease for each transaction or event.
tableAssets,Liabilities,EquityatableDepreciation expenseEquipment increase,Wages payable, increase,Wages expense, decrease,bSupplies, decrease,tableDepreciation expenseEquipment decrease,cPrepaid insurance, decrease,Supplies expense, decrease,dInterest receivable, decrease,Insurance expense, decrease,eInterest revenue, increase,fInterest expense, decrease,
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