Question: Hi i need help with this question! Required information [The following information applies to the questions displayed below] a. Wages of $11,000 are earned by
Required information [The following information applies to the questions displayed below] a. Wages of $11,000 are earned by workers but not paid as of December 31 . b. Depreciation on the company's equipment for the year is $12,040 c. The Supplies account had a $480 debit balance at the beginning of the year, During the year, $4,753 of supplies are purchased. A physical count of supplies at December 31 shows $525 of supplies available. d. The Prepaid insurance account had a $5.000 balance at the beginning of the year, An analysis of insurance policies shows that $3.500 of unexpired insurance benefits remain at December 31 . e. The company has earned (but not recorded) $900 of interest revenue for the year ended December 31 . The interest payment will be recelved 10 days after the year-end on January 10 : f. The company has a bank loan and has incurred (but not recorded) interest expense of $3,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5 tor each of the above separate cases, prepare adjusting entries required of financial statements for the year ended December 31
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