TOTTICWOTR.UTTaptCT Score: 0 of 5 pts E3-23 (book/static) 4 of 5 (0 complete) HW Score: 0%, 0 of 25 pts Question Help Consider the following situations for Betterton Welding Services (Click the icon to view the situations.) Journ lize the adjus ng entry needed on ecember 31 for each situlation Use the etters o label te urnal entries Record d' hits firs then credi s ked thexplanation on the last n of the journal entry table a. Depreciation for the currant year includes Equipment, $2,100 Date Accounts and Explanation Debit Credit (a) Dec 31 More Intfo Accounts Receivable a. Depreciation for the cument year includes equipmant, $2,100 b. Each Monday, Betterton pays employees for the previous week's work. The Cash amount of weekly payroll is $1,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday Insurance Expense Interest Expense Interest Payable Office Supplies Prepaid Insurance Salaries Expense Salarics Payable Service Revenue Supplies Expense Unearned Revenue c. The beginning balance of Office Supplies was $2,300. During the year Betterton purchased office supplies for 53,000, and at December 31 the office supplles on hand totaled $1,000 d. Betterton prepaid a two full years' insurance on July 1 of the current yean 56,000. Record insurance expense fo the year ended December 31 e. Betterton had eamed S2,800 of uneamed revenue f. Betterton had incurred (but not recorded) $200 of interest expense on a note payabla. The interest will not be paid until February 28. g. Bettarton billed customers $3,000 for welding services perfonmed. Print Done