Carla Vista Co. has the following balances in selected accounts on December 31, 2021. Carla Vista has a calendar year end.

Accounts Receivable		$	0
Accumulated DepreciationEquipment			0
Equipment			6,300
Interest Payable			0
Notes Payable			11,100
Prepaid Insurance			2,316
Salaries Payable			0
Supplies			2,260
Unearned Revenue			27,000

All the accounts have normal balances. The information below has been gathered at December 31, 2021.

1.		Carla Vista Co. borrowed $11,100 by signing a 4%, one-year note on September 1, 2021.
2.		A count of supplies on December 31, 2021, indicates that supplies of $890 are on hand.
3.		Depreciation on the equipment for 2021 is $1,030.
4.		Carla Vista Co. paid $2,316 for 12 months of insurance coverage on June 1, 2021.
5.		On December 1, 2021, Carla Vista collected $27,000 for consulting services to be performed evenly from December 1, 2021, through March 31, 2022.
6.		Carla Vista performed consulting services for a client in December 2021. The client will be billed $4,900. Payment from the customer is expected on January 14, 2022.
7.		Carla Vista Co. pays its employees total salaries of $9,600 every Wednesday for the preceding five-day week (Monday through Friday). On Wednesday, January 5, 2022, employees were paid for the last five weekdays of 2021.

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Your answer is partially correct.

Prepare adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Dec. 31
2.	Dec. 31
3.	Dec. 31
4.	Dec. 31
5.	Dec. 31
6.	Dec. 31
7.	Dec. 31

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Partially correct answer icon

Your answer is partially correct.

Prepare the appropriate subsequent cash entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Aug. 31
6.	Aug. 31Jan. 5Jan. 14
7.	Aug. 31Jan. 5Jan. 14