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Required information {The following information applies to the questions displayed below.) a. Wages of $7.000 are earned by workers but not paid as of December

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Required information {The following information applies to the questions displayed below.) a. Wages of $7.000 are earned by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11,320. c. The Supplies account had a $420 debit balance at the beginning of the year. During the year, $6,312 of supplies are purchased. A physical count of supplies at December 31 shows $681 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 $2,600 of unexpired insurance benefits remain at December 31, e. The company has earned (but not recorded) $1,000 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 $3,000 for the year ended December 31. The company will pay the Interest five days after the year-end on January 5. View transaction list Journal entry worksheet

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