blems Group A BA Journalizing adjusting entries and subsequent journal entries Laughter Landscaping has collected the following data for the December 31 adjus entries: Each Friday, Laughter pays employees for the current week's work. The amou of the weekly payroll is $8,000 for a five-day workweek. This year, December falls on a Tuesday. Laughter will pay its employees on January 3 a. b. On January 1 of the current year, Laughter purchases an insurance policy that covers two years, $8,000 e. The beginning balance of Office Supplies was $4,300. During the year, Laughter office supplies for $5,600, and at December 31 the office supplies on hand total $1,500 d. During December, Laughter designed a landscape plan and the client prepaid $6,500. Laughter recorded this amount as Uncarned Revenue. The job will take several months to complete, and Laughter estimates that the company has earned 40% of the total revenue dunng the current year. e. At December 31, Laughter had earned $3,000 for landscape services completed for and Trucks, $2,200 g Laughter has incurred $250 of interest expense on a $550 interest payment due on Turnkey Appliances. Turnkey has stated that it will pay Laughter on January 10 Depreciation for the current year includes Equipment, $3,000 January 15