Question: ACCT 201 Case Spring 2022 Page 7 Question 7: Using the following data, prepare the adjusting entries for the month ended December 31, 2022. d.

ACCT 201 Case Spring 2022 Page 7 Question 7: Using the following data, prepare the adjusting entries for the month ended December 31, 2022. d. Insurance in the amount of $700 expired during December. . On December 1, the supplies account had a balance of $400; $2,800 of supplies were purchased during December. A physical count of supplies on December 31 indicated $1 100 on hand. 6. Depreciation on equipment for December is $900. d. Employees are paid $5,000 every Friday for the five-day work week Monday - Friday. They were last paid on Friday, December 26. December 31 is a Wednesday. Date Account Titles Ref Debit Credit

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