1. Wages of $8,000 are earned by workers but not paid as of December 31, 2017.
2. Depreciation on the company's equipment for 2017 is $18,000.
3. The Office Supplies account had a $240 debit balance on December 31, 2016. During 2017, $5,200 of office supplies are purchased. A physical count of supplies at December 31, 2017, shows $440 of supplies available.
4. The Prepaid Insurance account had a $4,000 balance on December 31, 2016. An analysis of insurance policies shows that $1,200 of unexpired insurance benefits remain at December 31, 2017.
5. The company has earned (but not recorded) $1,050 of interest from investments in CDs for the year ended December 31, 2017. The interest revenue will be received on January 10, 2018.
6. The company has a bank loan and has incurred (but not recorded) interest expense of $2,500 for the year ended December 31, 2017. The company must pay the interest on January 2, 2018.