Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] a. Wages of $10,000 are earned by workers but not paid as of December 31 . b. Depreciation on the company's equipment for the year is $11,200. c. The Supplles account had a $430 debit balance at the beginning of the year. During the year, $5,093 of supplies are purchased. A physical count of supplies at December 31 shows $559 of supplies available. d. The Prepald Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policles shows that $3,300 of unexpired insurance benefits remain at December 31 . e. The company has earned (but not recorded) $850 of interest revenue for the year ended December 31 . The interest payment will be received 10 days after the year-end on January 10. f. The company has a bank loan and has incurred (but not recorded) interest expense of $4,000 for the year ended December 31 . The company will pay the interest five days after the year-end on January 5. Exercise 3-10 (Algo) Analyzing adjusting entries using accounting equation LO P1, P3, P4 For each of the above separate cases, analyze each adjusting entry by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including (+) increase or () decrease) for each transaction or event. Accumulated depreciation-Equipment Cash Depreciation expense-Equipment Equipment Insurance expense a. b. Interest expense Interest payable Interest receivable Interest revenue Prepaid insurance Supplies Supplies expense Unearned revenue Wages expense Wages payable (+) increase () decrease