BE4-2 The ledger of Ley Company includes the following unadjusted balances: Prepaid Insurance $3,000, Service Revenue $58,000, and Salaries Expense $25,000. Adjusting entries are required for

(a) expired insurance $1,200;

(b) services provided $1,100, but unbilled and uncol¬

lected; and

(c) accrued salaries payable $800. Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. Note: You will need to add the fol¬

lowing accounts: Accounts Receivable, Salaries Payable, and Insurance Expense.