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  1. business
  2. accounting
  3. a. depreciation on the company's equipment for the

a. Depreciation on the company's equipment for the year is computed to be $16,000, b....

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Accounting

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a. Depreciation on the company's equipment for the year is computed to be $16,000, b. The Prepaid Insurance account had a $8,000 debit balance at December 31 before adjusting for the costs of any expired coverage An analysis of the company's Insurance policies showed that $980 of unexpired Insurance coverage remains c. The Office Supplies account had a $210 debit balance at the beginning of December, and $2,680 of office supplies were purchased in December. The December 31 physical count showed $248 of supplies available. d. One-fifth of the work related to $10,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5.800 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of rental policies showed that $4,820 of rental coverage had expired. f. Wage expenses of $2,000 have been incurred but are not paid as of December 31, Prepare adjusting journal entries for the year ended (date of) December 31 for each of these separate situations

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