. Write the adjusting entries necessary to record each of the following:

1. The supplies account has a balance of $500 on the year-end trial balance. A

physical count of the supplies shows that $350 remain on hand.

2. Annual depreciation expense for the equipment has been calculated to be $450.

3. Of the $330 of Prepaid Insurance, $30 has expired at year end.

4. Wages owed not yet paid, not yet recorded were $500 at year end.

5. Of the $1,000 of service revenue received in advance, $250 is still unearned.

General Journal