The followling inbormation apples to the questions dispayed blow Deran's Vauty Store is completing ne accounting process for t curent year Ant ended December 3t The tansaction aning year have beenjournalzed and posted. The folowing data wt nespect to "Sustng onen it inilable a Wages eamed by employees during December unpaid and unrecorded at December 3t, amoursed to $3,400. The last payroll was December 28, the next paytol will be January 6 b Office supplies on hand at Jenuary 1 off the cument year totaled $550 Office supplies punchased and debited to Office Supolies during the yeer amounted to $630. The year-end count showed $260 of supplies on hand C One fourth of the basement space is reneed to Heald's Speciality Shop for $650 per month payable moeny At the end of the cument year the nent for November nd December had not been collected or necorded. Collection is d. The stere used deevery eqwment ail yea"at cost $68,000; S12,800 was the estimated an deprecaon. e On Aily , of the current year, twoyear insuraron premium, onuntng to S2300 was paid in cash and ned inaa toPrepeld insurance. Coverage began on Aly 1 of the current year 2.200 p Carlos sells compibie, but not competitive mechandise On er 1 of the curent year, the shore collected six months rent i, ne amount of $13200 "dvance bon, CarlOK g. Dimans variety Store operees #repar shop to meet WBS created in to unearned Rert Reenue when colected own need. The shop one does seperstor M. Carlos Atthe end ofthe current yeac caos had not $760for completed repe rs. This amount has not yet been recorded as Shop Revenue. Coilection is expected during Jenuary of nent yer Journal entry worksheet 4 6 7 On July 1 of the current year, a two-year insurance premium amounting to $2,160 was paid in cash and debited in full to Prepaid Insurance. Coverage began on July 1 of the current year. Note: Enter debits before credits. Transaction General Journal Debit Credit e. Record entry Clear entry View general journal Journal entry worksheet 4 6 The remaining basement of the store is rented for $2,200 per month to another merchant, M. Carlos, Inc. Carlos sells compatible, but not competitive, merchandise. On November 1 of the current year, the store collected six months' rent in the amount of $13,200 in advance from Carlos; it was credited in full to Unearned Rent Revenue when collected. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 4 6 Dittman's Variety Store operates a repair shop to meet its own needs. The shop also does repairs for M. Carlos. At the end of the current year, Carlos had not paid $760 for completed repairs. This amount has not yet been recorded as Repair Shop Revenue. Collection is expected during January of next year Note: Enter debits before credits. Transaction General Journal Debit Credit g. Record entry Clear entry View general journal