Question 7: Using the following data, prepare the adjusting entries for the month ended December 31, 2022 a Insurance in the amount of $600 expired during December b. On December 1, the supplies account had a balance of $1,200 $2.800 of supplies were purchased during December. A physical count of supplies on December 31 indicated $1,400 on hand c. Depreciation on equipment for December is $3,000. d. Employees are paid $10,000 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 - END OF CASE- Ref Debit Credit