Question

a. Depreciation on the company's wind turbine equipment for the year is $5.700. b. The Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid Insurance shows that $950 of unexpired Insurance coverage remains at year-end. c. The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1,900 in wages expense for the organic produce workers has been incurred but not yet pald. e. As of December 31, the company has earned, but not yet recorded. $470 of Interest revenue from Investments in socially responsible bonds. The Interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. Vlow transaction at Journal entry worksheet < 1 2 3 4 5 Depreciation on the company's wind turbine equipment for the year is $5,700. Note: Enter debits before credits Transaction General Journal Debit Credit Racord entry Clearanby Vlw general Journal

a. Depreciation on the company's wind turbine equipment for the year is $5.700. b. The Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid Insurance shows that $950 of unexpired Insurance coverage remains at year-end. c. The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1,900 In wages expense for the organic produce workers has been incurred but not yet pald. e. As of December 31, the company has earned, but not yet recorded, $470 of Interest revenue from Investments in socially responsible bonds. The Interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. View transaction list Journal entry worksheet 1 2 3 4 Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $950 of unexpired insurance coverage remains at year-end. Note: Enter debit bereits General Journal Debit Credit Transaction b Record entry Clearby View

a. Depreciation on the company's wind turbine equipment for the year is $5.700. b. The Prepaid Insurance account for the solar panels had a $2.700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid Insurance shows that $950 of unexpired Insurance coverage remains at year-end. c. The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1,900 In wages expense for the organic produce workers has been incurred but not yet pald. e. As of December 31, the company has earned, but not yet recorded $470 of Interest revenue from Investments in socially responsible bonds. The Interest revenue is expected to be recelved on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. View transaction at Journal entry worksheet < 1 2 3 5 The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clienty View general Journal

a. Depreciation on the company's wind turbine equipment for the year is $5,700. b. The Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid Insurance shows that $950 of unexplred Insurance coverage remains at year-end. c. The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1.900 in wages expense for the organic produce workers has been incurred but not yet pald. e. As of December 31, the company has earned, but not yet recorded. $470 of Interest revenue from Investments in socially responsible bonds. The Interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. Vlow transaction at Journal entry worksheet < 1 2 3 4 5 15 As of December 31, $1,900 in wages expense for the organic produce workers has been incurred but not yet paid. Note: Enter debits before credits General Journal Debit Credit Transaction d Record entry Clearly Viewond Journal

a. Depreciation on the company's wind turbine equipment for the year is $5.700. b. The Prepaid Insurance account for the solar panels had a $2,700 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid Insurance shows that $950 of unexplred Insurance coverage remains at year-end. c. The company received $5,100 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1,900 in wages expense for the organic produce workers has been incurred but not yet pald. e. As of December 31, the company has earned, but not yet recorded. $470 of interest revenue from Investments in socially responsible bonds. The interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting entries. View transaction et Journal entry worksheet < 1 2 3 4 5 Q As of December 31, the company has earned, but not yet recorded, $470 of interest revenue from investments in socially responsible bonds. The interest revenue is expected to be received on January 12. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clearby Vuw geram

Answer 1

TRANSACTION	GENERAL JOURNAL	DEBIT ($)	CREDIT ($)
a	Depreciation Expense	5,700
	Accumulated Depreciation (Equipment)		5,700
	(to record depreciation)
b	Insurance Expense ($2,700 - $950)	1,750
	Prepaid Insurance		1,750
	(to record expired prepaid insurance)
c	Unearned Revenue ($5,100 * 1/3)	1,700
	Consulting Revenue		1,700
	(to record consulting revenue earned)
d	Wages Expense	1,900
	Wages Payable		1,900
	(to record wages incurred but not yet paid)
e	Interest Receivable	470
	Interest Revenue		470
	(to record interest earned but not received)