Prepare Adjusting Entries for Wando Company for the Month of July

Essay

Prepare adjusting entries for Wando Company for the month of July for the following transactions. Omit explanations.
1. Depreciation on the company's equipment is $600 per month.
2. There was no supplies on hand at the beginning of the month. During the month, $600 of supplies were purchased. At the July, $150 of supplies were on hand.
3. Prepaid insurance had a $1,200 normal balance prior to adjustment. At the end of July, $400 of insurance was unexpired.