Prepare adjusting entries dated December 31,2013,based on the following data.
a.A two-year insurance policy costing $6,000 was purchased on October 31,2013.
b.Salaries owed to employees on December 31,2013,amount to $4,600.
c.The balance in Supplies before adjustment is $2,800.A physical count reveals $900 of supplies on hand on December 31,2013.
d.Depreciation on office equipment for the year is $1,869.

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The Answer of Prepare adjusting entries dated December 31,2013,based on the following data.
a.A two-year insurance policy costing $6,000 was purchased on October 31,2013.
b.Salaries owed to employees on December 31,2013,amount to $4,600.
c.The balance in Supplies before adjustment is $2,800.A physical count reveals $900 of supplies on hand on December 31,2013.
d.Depreciation on office equipment for the year is $1,869.

Prepare Adjusting Entries Dated December 31,2013,based on the Following Data