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please help me with both problems. theres one with an a and a b and then theres another question

Problem - Do Both Problems 1. A Consulting Companyt is completing the accounting information processing at the end of the fiscal year, December 31, 2019. The following trial balances are available. Unadjusted Trial CLEAR Accounts Adjusted Trial Balance Credits Jl Balance Debits Credits 32,500 4,600 750 3,800 40,000 17,000 Debits 32,500 7,200 400 2,950 40,000 21,200 Cash Accounts Receivable Prepaid Insurance Supplies Machines Accumulated Depreciation - Machines Wages Payable Unearned Revenue JB, Capital JB, Drawing Service Revenue Wages Expense Insurance Expense Supplies Expense Depreciation Expense 7,600 42.000 2.100 5,200 42,000 5.250 5,250 32,300 37,300 12,000 14,100 350 850 4.200 107,800 98.900 98.900 107.800 A. Reconstruct the adjusting entries and give a brief explanation of each B. What is the amount of net income? 1. Prepare the adjusting entries for each if the items below (A-D, Note A&B require 2 journal entries cach): (a) The Company pays weekly salaries of $92,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the fiscal period, assuming that the fiscal period ends (1) on Monday, (2) on Thursday (b) The balance in the prepaid insurance account before adjustment at the end of the year is 844,000. Journalize the adjusting entry required under each of the following alternatives: (1) the amount of insurance expired during the year is $29,500, (2) the amount of unexpired insurance applicable to a future period is $12,000. (c) On December 1 of the current year, the Company pays $28,800 to the state for Iproperty taxes for the coming fiscal year. Journalize the adjusting entry required for the end of the year, December 31. (d) The estimated depreciation on equipment for the year is $38,600

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