Saved ssignment a. Depreciation on the company's equipment for the year is computed to be $13,000. b. The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $740 of unexpired insurance coverage remains. c. The Supplies account had a $590 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31 physical count showed $696 of supplies available. d. Three-fourths of the work related to $13,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,200 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $4,460 of prepaid rent had expired. f. Wage expenses of $3,000 have been incurred but are not paid as of December 31 Prepare adjusting journal entries for the year ended December 31 for each separate situation View transaction list Journal entry worksheet The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $740 of unexpired insurance coverage remains. Tuote: Enter debits before credits. Transaction General Journal Debit Credit Prev 1 of 7 Next > 5 here to search iT WE x? w 09 DOL 0,* A insert dele home F11 prt sc F10 F2 F3 F4 end F12 F5 F6 F7 FB F9 # $ % A + & 7 * 00 backs 3 4 5 6 9 O View transaction list Journal entry worksheet 1 2 3 4 6 5 The Prepaid Insurance account had a $5,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $740 of unexpired insurance coverage remains. Note: Enter debits before credits. Debit General Journal Transaction Credit b Insurance expense Prepaid insurance 4 260 Record entry Clear entry View generall journal Pey 1 of 7 Search of 6