[Pidgeon73]

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)

[pready]

1. Debit Depreciation Expense, Credit Accumulated Depreciation

2. Debit Insurance Expense, Credit Prepaid Insurance

3. Debit Unearned Revnue, Credit Earned Fees