A. Wages of $7,000 are earned by workers but not paid as of December 31. B. Depreciation on the company’s equipment for the year is $11,920.
C. The Office Supplies account had a $450 debit balance at the beginning of the year. During the year, $5,697 of office supplies are purchased. A physical count of supplies at December 31 shows $620 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 $3,500 of unexpired insurance benefits remain at December 31.
E. The company has earned (but not recorded) $550 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 $4,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5.
For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended (date of) December 31.

The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?

In ledland, unemployed adults receive government assistance. to reduce unemployment, the government proposes to supplement the income of those who accept jobs that pay less than government assistance, thus enabling employers to hire workers cheaply. however, the supplement will not raise any worker's income above what government assistance would provide if he or she were not gainfully employed. therefore, unemployed people will have no financial incentive to accept jobs that would entitle them to the supplement.which of the following, if true about ledland, most seriously weakens the argument of the editorial? (a) the government collects no taxes on assistance it provides to unemployed individuals and their families.(b) neighboring countries with laws that mandate the minimum wage an employer must pay an employee have higher unemployment rates than ledland currently has.(c) people who are employed and look for a new job tend to get higher-paying jobs than job seekers who are unemployed.(d) the yearly amount unemployed people receive from government assistance is less than the yearly income that the government defines as the poverty level.(e) people sometimes accept jobs that pay relatively little simply because they enjoy the work.

Which  best  describes which careers would work in offices? 1.marketing information management and research, distribution and logistics, and marketing communications and promotion employees can work in offices.2.all marketing, sales, and service employees can work in offices.3.all marketing, sales, and service employees except those in management and entrepreneurship can work in offices.4.sales and service employees work in offices, but marketing employees do not