Bill Copa Company has the following balances in selected accounts on December 31, 2014. All the accounts have normal balances. The information below has been gathered at December 31, 2014. Prepare adjusting entries for the seven items described below. Bill Copa Company's employees earned $9,000 for the last week of 2014, but will not be paid until 2015. A count of supplies on December 31, 2014, indicates that supplies of $900 are on hand. Depreciation on the equipment for 2014 is $1,000. Bill Copa Company paid $2, 100 for 12 months of insurance coverage on June 1, 2014. On December 1, 2014, Bill Copa collected $30,000 for consulting services to be performed in 2015. By the end of the year, $10,000 had been earned. Bill Copa performed consulting services for a client in December 2014. The client will be billed $4, 200. Bill Copa Company borrowed $10,000 by signing a 12%, one-year note on September 1, 2014