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Save Homework: Chapter 3 part B homework Score: 0 of 1 pt 3 of 8 (0 complete) E3-23 (similar to) HW Score: 0%, 0 of 9 pts Question Help Consider the following situations for Bookfield Welding Services: i (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Depreciation for the current year includes Equipment, $2,500. Date Accounts and Explanation Debit Credit (a) Dec 31 Choose from any list or enter any number in the input fields and then click Check Answer parts Check Answer O Clear All remaining i More Info a. Depreciation for the current year includes equipment, $2,500. b. Each Monday, Bookfield pays employees for the previous week's work. The amount of weekly payroll is $2,800 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $2,700. During the year, Bookfield purchased office supplies for $2,900, and at December 31 the office supplies on hand totaled $1,200. d. Bookfield prepaid a two full years' insurance on April 1 of the current year, $4,800. Record insurance expense for the year ended December 31. e. Bookfield had earned $3,000 of unearned revenue. f. Bookfield had incurred (but not recorded) $140 of interest expense on a note payable. The interest will not be paid until February 28. g. Bookfield billed customers $4,500 for welding services performed. Print Done