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The December 31 inventory count of computer supplies shows $610 still available. Three months have...

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Accounting

The December 31 inventory count of computer supplies shows $610 still available. Three months have expired since the 12-month insurance premium was paid in advance. As of December 31, Lyn Addie has not been paid for four days of work at $115 per day. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. Three of the four months' prepaid rent have expired

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