Journalize the following December 31 transactions for Jieun Printing Services. No explanations are required.

a. Equipment cost is $24,000 and is expected to be useful for 10 years, at which time it will have no residual value. Calculate and record amortization for the current year.

b. Each Monday, Jieun pays employees for the previous week’s work. The amount of weekly payroll is $5,600 for a 7-day workweek (Monday to Sunday). This year December 31 falls on a Thursday.

c. The beginning balance of Supplies was $2,500. During the year, Jieun purchased supplies for $3,000, and at December 31 the supplies on hand totalled $1,700.

d. Jieun prepaid 1 year of insurance coverage on August 1 of the current year, $5,280. Record insurance expense for the year ended December 31.

e. Jieun earned $3,200 of unearned revenue.

f. Jieun incurred $150 of interest expense on a note payable that will not be paid until February 28.

g. Jieun billed customers $6,000 for printing services performed.