A. depreciation on the company's equipment for 2015 is computed to be $10,000.b. the prepaid insurance account had a $8,000 debit balance at december 31, 2015, before adjusting for the costs of any expired coverage. an analysis of the company’s insurance policies showed that $1,830 of unexpired insurance coverage remains. c. the office supplies account had a $340 debit balance on december 31, 2014; and $2,680 of office supplies were purchased during the year. the december 31, 2015, physical count showed $401 of supplies available. d. one-third of the work related to $15,000 of cash received in advance was performed this period. e. the prepaid insurance account had a $5,500 debit balance at december 31, 2015, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $3,670 of coverage had expired. f. wage expenses of $4,000 have been incurred but are not paid as of december 31, 2015.prepare adjusting journal entries for the year ended (date of) december 31, 2015, for each of these separate situations. assume that prepaid expenses are initially recorded in asset accounts. also assume that fees collected in advance of work are initially recorded as liabilitie

The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. record journal entries in the order presented in the problem. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)