ccounting Part 2 Check my 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 $11,560. c. The Office Supplies account had a $490 debit balance at the beginning of December. During December, $4,748 of office supplies are purchased. A physical count of supplies at December 31 shows $525 of supplies available. d. The Prepaid Insurance account had a $5,000 balance at the beginning of December An analysis of insurance policies shows that $2,500 of unexpired insurance benefits remain at December 31. e. The company has earned (but not recorded) $500 of interest from investments in CDs for the year ended December 31. The interest revenue will be received ten days after the year-end on January 10. f. The company has a bank loan and has incurred (but not recorded) interest expense of $5,000 for the year ended December 31, The company will pay the interest five days after the year-end on January 5. For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended (date of) December 31. View transaction list X 1 Wages of $6,000 are earned by workers but not paid as of December 31. 2 Depreciation on the company's equipment for the year is $11,560. 3 The office supplies account had a $490 debit balance at the beginning of December. During December, $4,748 of office supplies are purchased. A physical count of supplies at December 31 shows $525 of supplies available. 4 The prepaid insurance account had a $5,000 balance at the beginning of December. An analysis of insurance policies shows that $2,500 of unexpired insurance henefite remain at December 31. Note: journal entry has been entered = of xpired Credit View g 4 The prepaid insurance account had a $5,000 balance at the beginning of December. An analysis of insurance policies shows that $2,500 of unexpired insurance benefits remain at December 31. 5 The company has earned (but not recorded) $500 of interest from investments in CDs for the year ended December 31. The interest revenue will be received ten days after the year-end on January 10. 6 The company has a bank loan and has incurred (but not recorded) interest expense of $5,000 for the year ended December 31. The company will pay the interest five days after the year-end on January 5