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Homework: Chapter 3 Score: 0 of 5 pls E3-23 (book/static) 4 of 5 (3 complete) HW Sc Consider the tolowing sbuations tor Betterton Welcing Servicee (Click the icon to view the situations.) Joumalze the adjustng entry needed on December 31or each situation. Use the letters to label the journal entries. [Record debits tirst, then credts. Select the explanation on the last line of the joumal entry table.) a. Dapracdation for tha cumant yar Incudas Equipment, $2,100 Date Accounts and Explanation Uebit Credit (a) Dac. 31 a. Dapraclation for the crrent yaar ncludes equipmant $2,100 b. Each Mondy Belterion pays ermployees fur the previous week's wurk. The amount af waakly payrall is $1.400 for a seven-day workwoak (Monday Cash colected for future servicos Pald cash axpansas To accne Intarest eopansa To 8ccrue salaries expense. To accrue service revenue. To record depretiation on equipment To record insurance cxpense To racand office supplies used Sunda. This year, Dacamber 31 fals on Thursday c. The beginning balance of Office Suppliss wa $2,300. During the year Battartnn purchasad offica suppliss for 3 000, and at Dacamber 31 tha affica aupplee on hand totaled $1.00U d. Betterton prepaid a tro lul years insurance on July 1 of the current year 5,000. Record insurance expense for the year ended December 3. e. Betterton had eerned S2.80 ot uneamed revenue f. Bettertan had incurred but not recorded) $200 of intest axpensc on a nota nayabla Tha Interast will not be pald unt Fehnary 28 g. Betterton billed customers 33,000 for welding services performed. Print Done

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