Eli Legal Services has the following data for the December 31 adjusting entries:

a. Each Friday, Eli Legal Services pays employees for the current week’s work. The amount of the weekly payroll is \($6,500\) for a five-day workweek. This year, December 31 falls on a Wednesday. Eli Legal Services will pay its employees on January 2.

b. On January 1 of the current year, Eli Legal Services purchases an insurance policy that covers two years, \($5,500\).

c. The beginning balance of Supplies was \($4,200.\) During the year, Eli Legal Services purchased supplies for \($5,100,\) and at December 31 the supplies on hand total \($2,400\).

d. During December, Eli Legal Services provided legal services and the client prepaid \($9,000.\) Eli Legal Services recorded this amount as Unearned Revenue. The job will take several months to complete, and Eli Legal Services estimates that the company has earned 70% of the total revenue during the current year.

e. At December 31, Eli Legal Services had earned \($4,000\) for legal services completed for Seguin Appliances. Seguin Appliances has stated that it will pay Eli Legal Services on January 10.

f. Depreciation for the current year includes Equipment, \($3,600;\) and Furniture, \($1,400\).

g. Eli Legal Services has incurred \($200\) of interest expense on a \($500\) interest payment due on January 15.

Requirements 

1. Journalize the adjusting entry needed on December 31 for each of the previous items affecting Eli Legal Services. Assume Eli Legal Services records adjusting entries only at the end of the year.
2. Journalize the subsequent journal entries for adjusting entries a and g.