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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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Required information
[The following information applies to the questions displayed below.]
a. Wages of $13,000 are earned by workers but not paid as of December 31.
b. Depreciation on the company's equipment for the year is $10,480.
c. The Supplies account had a $450 debit balance at the beginning of the year. During the year, $4,954 of supplies are purchased. A physical count of supplies at December 31 shows $545 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 $1,700 of unexpired insurance benefits remain at December 31.
e. The company has earned (but not recorded) $700 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10.
f. The company has a bank loan and has incurred (but not recorded) interest expense of $3,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5.
For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including (+) increase or (-) decrease) for each transaction or event.
\table[[,Assets,=,Liabilities,+,Equity],[a.,\table[[Depreciation expense],[Equipment]],(+) increase,10,480,=,Wages payable,(+) increase,13,000,+,Wages expense,(-) decrease,13,000],[b.,Supplies,(-) decrease,4,954,=,,,,+,\table[[Depreciation expense-],[Equipment]],(-) decrease,10,480],[c.,Prepaid insurance,(-) decrease,1,700,=,,,,+,Supplies expense,(-) decrease,545],[d.,Interest receivable,(-) decrease,700,=,,,,+,Insurance expense,(-) decrease,1,700],[e.,,,,=,,,,+,Interest revenue,(+) increase,700],[f.,,,,=,,,,+,Interest expense,(-) decrease,]]
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