Journalize the adjusting entry needed on December 31, 2017, end of the current accounting period, for each of the following independent cases affecting Nickelson Corp. Include an explanation for each entry. (Record debits first, then credits. Enter explanations on the last line.) 

a. Details of the Prepaid Insurance account reveal a January 1 (beginning of the year) debit balance of $ 300 and a debit to the account on March 31 for $ 3,800 to record the payment of an annual insurance premium. At December 31, 2017, $ 950 is still prepaid. Record the insurance expense for the year ended December 31, 2017. Journal Entry Date Accounts and Explanation Debit Credit December 31 Insurance Expense 3150 Prepaid Insurance 3150 

b. Nickelson pays employees each Friday. The amount of the weekly payroll is $ 5,500 for a five-day work week. The end of the current accounting period falls on a Thursday. Record the accrual for salaries at the end of the period. Journal Entry Date Accounts and Explanation Debit Credit December 31 Salary Payable 

c. Nickelson has a note receivable. During the current year, the company has earned accrued interest revenue of $ 530 that it will receive next year. Record the earning of interest on the note receivable. Journal Entry Date Accounts and Explanation Debit Credit December 31 

d. The beginning balance of supplies was $ 2.900. During the year, Nickelson purchased supplies for $ 6,000, and at December 31 the supplies on hand is $ 1,600. Record the necessary entry to adjust the Supplies account at the end of the year. Journal Entry Date Accounts and Explanation Debit Credit December 31

e. Nickelson is providing financial services for Manatawabi Investments Inc., and the owner of Manatawabi paid Nickelson $ 12,900 as the annual service fee. Nickelson recorded this amount as Unearned Service Revenue. Nickelson estimates that it has earned one-third of the total fee during the current year. Record the entry at the end of the year. Journal Entry Date Accounts and Explanation Debit Credit December 31 

f. Depreciation for the current year includes Office Furniture, $ 1,200 and Equipment, $ 2,740. Make a compound entry. Record the compound entry to record the depreciation. Journal Entry Date Accounts and Explanation Debit Credit December 31. to give journal entries