Cullumber Company has the following balances in selected accounts on December 31, 2021 Cullumber has a calendar year end Accounts Receivable $ 0 Accumulated DepreciationEquipment 0 Equipment 6,300 Interest Payable 0 Notes Payable 9,300 Prepaid Insurance 2,244 Salaries Payable 0 Supplies 2,400 Unearned Revenue 30,000 All the accounts have normal balances The information below has been gathered at December 31, 2021 1 Cullumber Company borrowed $9,300 by signing a 4 , one year note on September 1, 2021 2 A count of supplies on December 31, 2021, indicates that supplies of $820 are on hand 3 Depreciation on the equipment for 2021 is $770 4 Cullumber Company paid $2,244 for 12 months of insurance coverage on June 1, 2021 5 On December 1, 2021, Cullumber collected $34,200 for consulting services to be performed evenly from December 1, 2021, through March 31, 2022 6 Cullumber performed consulting services for a client in December 2021 The client will be billed $3,000 Payment from the customer is expected on January 14, 2022 7 Cullumber Company pays its employees total salaries of $10,000 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 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 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

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Cullumber Company has the following balances in selected accounts on December 31, 2021. Cullumber has a calendar year end. Accounts Receivable $ 0 Accumulated DepreciationEquipment

Cullumber Company has the following balances in selected accounts on December 31, 2021. Cullumber has a calendar year end.

Accounts Receivable	$	0
Accumulated DepreciationEquipment		0
Equipment		6,300
Interest Payable		0
Notes Payable		9,300
Prepaid Insurance		2,244
Salaries Payable		0
Supplies		2,400
Unearned Revenue		30,000

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

1.		Cullumber Company borrowed $9,300 by signing a 4%, one-year note on September 1, 2021.
2.		A count of supplies on December 31, 2021, indicates that supplies of $820 are on hand.
3.		Depreciation on the equipment for 2021 is $770.
4.		Cullumber Company paid $2,244 for 12 months of insurance coverage on June 1, 2021.
5.		On December 1, 2021, Cullumber collected $34,200 for consulting services to be performed evenly from December 1, 2021, through March 31, 2022.
6.		Cullumber performed consulting services for a client in December 2021. The client will be billed $3,000. Payment from the customer is expected on January 14, 2022.
7.		Cullumber Company pays its employees total salaries of $10,000 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.

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

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.)