Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayod below] a. Wages of $6,000 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 $440 debit balance at the beginning of the year. During the year, $4,649 of supplies are purchased, A physical count of supplies at December 31 shows $515 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 $2,000 of unexpired insurance benefits remain at Decemper 31 . e. The company has earned (but not recorded) $600 of interest revenue for the year ended December 31 . The interest payment will be recelved 10 days after the yeat-end on January 10. 1. The company has a bank loan and has incurred (but not recorded) interest expense of $4,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5. Exercise 3-9 (Algo) Preparing adjusting entries LO P1, P3, P4 For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended December 31 . Journal entry worksheet 2 3 6 Wages of $6,000 are earned by workers but not paid as of December 31 . Note: Enter debits before credits. Journal entry worksheet 5 Depreciation on the company's equipment for the year is $11,440. Note: Enter debits before credits. Journal entry worksheet The Supplies account had a $440 debit balance at the beginning of the year. During the year, $4,649 of supplies are purchased. A physical count of supplies at December 31 shows $515 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 $2,000 of unexpired insurance benefits remain at December 31 . Note: Enter debits before credits. Journal entry worksheet The company has earned (but not recorded) $600 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. Journal entry worksheet