Question: Required information Skip to question [ The following information applies to the questions displayed below. ] Wages of $ 8 , 0 0 0 are

Required information
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[The following information applies to the questions displayed below.]
Wages of $8,000 are earned by workers but not paid as of December 31.
Depreciation on the companys equipment for the year is $18,000.
The Supplies account had a $240 debit balance at the beginning of the year. During the year, $5,200 of supplies are purchased. A physical count of supplies at December 31 shows $440 of supplies available.
The Prepaid Insurance account had a $4,000 balance at the beginning of the year. An analysis of insurance policies shows that $1,200 of unexpired insurance benefits remain at December 31.
The company has earned (but not recorded) $1,050 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10.
The company has a bank loan and has incurred (but not recorded) interest expense of $2,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5.
For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended December 31.

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