All of the accc Accolances in selected December 31, 2021. 1. Depreciation on the equipment for 2020 is $2,600. 2. New XYZ borrowed $1,000 by signing a 10%, one-year note on July 1,2021. 3. XYZ paid $222 for 12 months of insurance coverage on October 1,2021. 4. XYZ performed disinfecting services for a client in December 2021. The client will be billed $3,200. 5. On December 1, 2021, XYZ collected $15,000 for disinfecting processes to be performed from December 1, 2021, through May 31, 2022. 6. A count of supplies on December 31,2021 , indicates that supplies of $1,700 are on hand. Instructions Prepare in journal form with explanations, the adjusting entries for the seven items listed for New Slang Pest Control