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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

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 $11,440. c. The Supplies account had a $460 debit balance at the beginning of the year. During the year, $5,789 of supplies are purchased. A physical count of supplies at December 31 shows $629 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) $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 $3,500 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.
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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 $11,440. c. The Supplies account had a $460 debit balance at the beginning of the year. During the year, $5,789 of supplies are purchased. A physical count of supplies at December 31 shows $629 of supplies avaliable. 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) $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 $3,500 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. Required information [The following information applies to the questions desplayed below] a. Whes of 512,000 are earned by worken but not paid as of Deceinber at b. Depretiation on the cempanvis equipment for the year is $14,400 c. The Supples account hed s $460 deba balance at the beginning of the yeat, During the yeat, 55.789 of supplet ore purchased. A physlcal count of supples at December 3t shows $629 of supplies avalable polictes shows that $2.100 of unovpled insweance benefits remin at December 3t a. The company has eamed fout not recorded $1,000 of interest revenue for the yeur ended December 34 the imervas payment wir be recelved 10 days afier the year-end on January 10 1. The company has a bank loan and has incurred (but not tecorded) interest expenve of $3,500 for the yever ended December 31 The company wall poy the interest five dirys aflet the vear end on damuary 5 For each of the above separme cases, andyre each adjussing entry by whoing as effocts on the accourting equabinspecifically, identity the sccounts and amounts fincluding () increase or ( decrease) for esch vansaction or event

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