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Use the following information to prepare the adjustments for the worksheet.a ) The automobile insurance policy examination shows $ 1 , 1 5 0 has

Use the following information to prepare the adjustments for the worksheet.a) The automobile insurance policy examination shows $1,150 has expired.b) A physical count of the inventory for office supplies shows a remaining value of $825. Record the used amount.c) The estimated depreciation of security equipment is $1900.d) The payroll of the company is done each Friday (for the previous 5 days). December 31 is on Wednesday. There are four employees and each employee makes $240 a day.An adjusting entry must be made to record the accrued salary for the days accrued for these employees.e) The car Mr. Preston uses to drive to the businesses of his clients was purchased for $68,950 four years ago. It is estimated that the car will last 10 years and will be sold for $21,000. Record the depreciation for the car for the year.f) On November 1, Mr. Preston paid $15,000 for 3 months rent in advance. It is now Dec 31. Record the amount of rent expired.Complete the full worksheet by extending the amounts to the Adjusted Trial Balance, Income Statement and the Balance Sheet
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