The following selected accounts with normal balances appeared in the unadjusted trial balance of Bellwether Garden Industries:

Accounts receivable $200,000

Prepaid rent 72,000

Prepaid insurance 42,000

Equipment 270,000

Accumulated depreciation-equipment 22,500

Unearned service revenue 30,000

Salary expense 180,000

REQUIRED: Prepare the necessary year-end adjusting entries as of December 31, 2011 for each part. Be sure to note which account is debited and credited.

- Part A: One-quarter of the revenue received in advance has been earned by December 31, 2011. - Part B: The prepaid insurance represents two years' premium on a policy providing coverage starting August 1, 2011. - Part C: Since the last payday, employees have worked four additional days. There are six employees each earning $200 per day. These wages have not yet been paid or recorded. - Part D: The equipment has an estimated life ofeight years and no expected value at the end of its life. - Part E: Services performed but unbilled and uncollected at year end amount to $30,000. - Part F: The prepaid rent relates to 1 1/2 years beginning on September 1, 2011.