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Required information [The following information applies to the questions displayed below.] ...

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Accounting

Required information
[The following information applies to the questions displayed below.]
a. Wages of $8,000 are earned by workers but not paid as of December 31.
b. Depreciation on the company's equipment for the year is $10,600.
c. The Supplies account had a $440 debit balance at the beginning of the year. During the year, $4,634 of supplies are
purchased. A physical count of supplies at December 31 shows $513 of supplies available.
d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies
shows that $2,100 of unexpired insurance benefits remain at December 31.
e. The company has earned (but not recorded) $850 of interest revenue for the year ended December 31. The interest
payment will be received 10 days after the year-end on January 10.
f. The company has a bank loan and has incurred (but not recorded) interest expense of $3,000 for the year ended
December 31. The company will pay the interest five days after the year-end on January 5.
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