Prepare adjusting journal entries for the year ended December $31$ for each separate situation.

a$.$ Barga Company purchases $$37,000$ of equipment on January $1.$ The equipment is expected

to last five years and be worth $$5,400$ at the end of that time.

b$.$ Two$-$thirds of the work related to $$12,000$ of cash received in advance was performed this

period.

c$.$ The Prepaid Rent account had a $$5,700$ debit balance at December $31$ before adjusting for

the costs of expired prepaid rent. An analysis of the rental agreement showed that $$5,140$ of

prepaid rent had expired.

d$.$ Wage expenses of $$4,000$ have been incurred but are not paid as of December $31.$

e$.$ A painting company bills customers when jobs are complete. The work for one job is now

complete. The customer has not yet been billed for the $$1,980$ of work.