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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. Depreciation on the company's
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. Depreciation on the company's wind turbine equipment for the year is $5,100. b. The Prepaid Insurance account for the solar panels had a $2,100 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $650 of unexpired insurance coverage remains at year-end. c. The company recelved $3,300 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainablity consulting work had been performed. d. As of December 31,$1,300 in wages expense for the organic produce workers has been incurred but not yet paid. e. As of December 31 , the company has earned, but not yet recorded, $410 of interest revenue from investments in socially responsible bonds. The interest revenue is expected to be recelved on January 12. Exercise 3-13 (Algo) Preparing adjusting entries LO P1, P2, P3, P4 Journal entry worksheet Depreciation on the company's wind turbine equipment for the year is $5,100. Note: Enter debits before credits
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