Brief Exercise 4-2 The ledger of Clayton Company includes the following unadjusted balances: Prepaid Insurance $3,500, Service Revenue $55,000, and unbilled and uncollected; and (c) accrued salaries payable $700. Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. CLAYTO Wo Trial Balance Adjustments Dr. Cr. Dr. Cr. Account Titles Prepaid Insurance 3500 1800 55000 1800 ly 2400 700 Service Revenue Salaries and Wages Expense Accounts Receivable Salaries and Wages Payable Insurance Expense 1600 LINK TO TEXT alaries and Wages Expense $24,000. Adjusting entries are required for (a) expired insurance $1,800; (b) services performed $1,800, but COMPANY sheet Adjusted Trial Balance Cr. Income Statement Dr. Cr. Balance Sheet Dr. Dr. Cr. dy