X Gradebook Question 4 - Wk 4 - Practice: Con X + education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvle.phoenix.edu%252Fultra%252Fcourses ce: Connect Knowledge Check [due D... Saved Help Exercise 3-6 Preparing adjusting entries LO P1, P2, P3 a. Depreciation on the company's equipment for the year is computed to be $11,000. b. The Prepaid Insurance account had a $8,000 debit balance at December 31 before adjusting for the costs of any expired covera An analysis of the company's insurance policies showed that $1,410 of unexpired insurance coverage remains. c. The Office Supplies account had a $440 debit balance at the beginning of December; and $2,680 of office supplies were purchased in December. The December 31 physical count showed $519 of supplies available. d. One-third of the work related to $15,000 of cash received in advance was performed this period. e. The Prepaid Rent account had a $5,500 debit balance at December 31 before adjusting for the costs of any expired coverage. A analysis of rental policies showed that $4,090 of rental coverage had expired. f. Wage expenses of $6,000 have been incurred but are not paid as of December 31