a. Depreciation for the current year includes Equipment, $1,900. Date Accounts and Explanation Debit Credit (a) Dec. 31 b. Each Monday, Takoma Park pays employees for the previous week's work. The amount of weekly payroll is $8,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. Date Accounts and Explanation Debit Credit (b) Dec. 31 d. Takoma Park prepaid a two full years' insurance on October 1 of the current year, $4,560. Record insurance expense for the year ended December 31. (When the policy was purchased on October 1, assume that Takoma Park debited an asset account.) Date Accounts and Explanation Debit Credit (d) Dec. 31 e. Takoma Park had earned $3,600 of unearned revenue. (When the cash was received, assume that a liability account was credited.) Date Accounts and Explanation Debit Credit (e) Dec. 31 f. Takoma Park had incurred (but not recorded) $140 of interest expense on a note payable. The interest will not be paid until February 28. Date Accounts and Explanation Debit Credit (f) Dec. 31 g. Takoma Park billed customers $7,000 for welding services performed. Date Accounts and Explanation Debit Credit (g) Dec. 31