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Required information [The following information applies to the questions displayed below.] a. Wages of $12,000 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 $12,000 are earned by workers but not paid as of December 31 . b. Depreciation on the company's equipment for the year is $10,840. c. The Supplies account had a $310 debit balance at the beginning of the year. During the year, $5,354 of supplies are purchased. A physical count of supplies at December 31 shows $585 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 $2,500 of unexpired insurance benefits remain at December 31 . e. The company has earned (but not recorded) $800 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, prepare adjusting entries required of financial statements for the year ended December 31. Journal entry worksheet Wages of $12,000 are earned by workers but not paid as of December 31 . Note: Enter debits before credits. Journal entry worksheet Wages of $12,000 are earned by workers but not paid as of December 31 . Note: Enter debits before credits. Journal entry worksheet 6 Depreciation on the company's equipment for the year is $10,840. Note: Enter debits before credits. Journal entry worksheet The Supplies account had a $310 debit balance at the beginning of the year. During the year, $5,354 of supplies are purchased. A physical count of supplies at December 31 shows $585 of supplies available. Note: Enter debits before credits. Journal entry worksheet The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $2,500 of unexpired insurance benefits remain at December 31. Note: Enter debits before credits. Journal entry worksheet The company has earned (but not recorded) $800 of interest revenue for the year ended December 31 . The interest payment will be received 10 days after the year-end on January 10. Note: Enter debits before credits. or each of the above separate cases, prepare adjusting entries required of financial stat or the year ended December 31. Journal entry worksheet 1 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. Note: Enter debits before credits

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