Required information Use the following information for the Exercises below. (Static) [The folowing intormation apples fo the questions dispayend belowi) a. Wages of $8.000 are earned by workers but not paid as of December 31 b. Depreciation on the companys equipenent for the year is $18,000 c. The Supplies account had a $240 debit balance at the begining of the year Duning the yeas, $5,200 of suppoes are purchased A physical count of supplies at December 31 shows 9440 or supplies avartabie. d. The Prepaid insurance account had a $4,000 balance at the beginning of the year An anaysis of insurance poocies Shows that $1,200 of unerpled inwwance benefits femun at December 31 . 6. The company has earned (but not iecoided) $1050 of interest revenue for the year endeo December 31 the riterest payment will be ieceived 10 aays after the year-end on Mnuary 10 t. The company has a bank lowi and has incured (but not lecordeca) interest expense of 52.500 for the vear ended Decemper 31 The company wail pay the interest tive doys afes the year end on January 5 Exercise 3-10 (Static) Analyzing adjusting entries using accounting equation LO P1, P3, P4 For each of the obove separate cases, analyze each adpusting enty by showing its effects on the accounting equation-specincaby. dentify the accounts and ansounts inchudeng () increase of () decrease) for each transaction or event