On June 30, the end of the current fiscal year, the following information is available to SCP Compan

On June 30, the end of the current fiscal year, the following information is available to SCP Company's Accountants for making adjusting entries:

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REQUIRED PREPARE THE ADJUSTING ENTRIES FOR EACH ITEM LISTED ABOVE On June 30, the end of the current fiscal year, the following information is available to SCP Company's accountants for making adjusting entries: a. Among liabilities of the company is a mortgage payable in the amount of €240.000. On June 30, the accrued interest on this mortgage amounted to €12.000. b. On Friday, July 2, the company, which is a five-day workweek and pays employees weekly, will pay its regular salaried employees €19.200. C. On June 29, the company completed negotiations and signed a contract to provide monthly services to a new client at an annual rate of €3.600. d. The Supplies account shows a beginning balance of €1.615 and purchases during the year of €3.766. The end-of-year inventory reveals supplies on hand of €1.186. e. The Prepaid Insurance account shows the following entries on June 30: Beginning balance: January 1: €1.530 €2.900 €3.366 May 1: The beginning balance represents the unexpired portion of a one-year policy purchased in April of the previous year. The January 1 entry represents a new one-year policy, and the May 1 entry represents the additional coverage of a three-year policy. (Round final answer to the nearest Euro)

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