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Prepаre the necessаry аdjusting entries fоr Wangerin and Wangerin. Assume the Cоmpany оnly makes these entries at the end of their accounting year which is December 31, 2023, 1. The Company originally paid a three-year insurance premium costing $36,000 on July 1, 2023. The original entry involved recording to the Prepaid Expense Account. 2. The Supplies account had a balance of $24,300 at the beginning of the year. Supplies purchased during the year totaled $174,000, all of which were recorded by debiting Supplies. At year-end a count of the supplies on hand showed a total cost of $47,500. 3. Wangerin & Wangerin signed a note payable with the bank for $500,000 on September 1, 2023 The note is due in six months. The annual interest rate on the note is 6%. 4. At December 31, 2023; twenty employees had worked 5 days at a rate of $200 each per day. These wages will be paid in January 2024. All journal entries should be presented as follows. Omit all explanations. You may omit dates, but number journal entries according to the prompts above. DR. (Account Name) $X,XXXCR. (Account Name) $ X,XXX