Business, 19.07.2021 14:00, punkee5375

a. Depreciation on the company's equipment for the year is computed to be $15,000. b. The pre-paid insurance had a $5,000 debit balance on December 31, before adjusting for the costs of any expired coverage. An analysis of the company's insurance policies showed that $1,180 of unexpired insurance coverage remains. c. The supplies account had a $420 debit balance at the beginning of the year, and $2,680 of supplies were purchased during the year. The December 31, the physical count showed $496 of supplies available. d. One-fourth of the work related to $11,000 of cash received in advance was performed this period. e. The Pre-Paid Rent account has a $5,900 debit balance on December 31, before adjusting for the cost expired prepaid rent. An analysis of the rental agreement showed the $4,720 of prepaid rent had expired. f. Wage expenses of $1000 have been incurred but are not paid by December 31. Prepare to adjust journal entries for the year ended December 31 for each separate situation

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a. Depreciation on the company's equipment for the year is computed to be $15,000. b. The pre-paid i...