1) depreciation on equipment but not recorded $2,380

Depreciation expense 2380 (debit)


2) one-half of the prepaid insurance premiums expired during the period $360


3) of the advances received from clients, $800 has been earned

Advances from clients 800 (debit)
Fee income 800 (credit)

1. Debit Depreciation Expense, Credit Accumulated Depreciation

2. Debit Insurance Expense, Credit Prepaid Insurance

3. Debit Unearned Revnue, Credit Earned Fees