Current Attempt in Progress Marigold Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue 1. 2 3. 4. 5. 6. $0 7. 0 6,160 All the accounts have normal balances. The following information has been gathered at December 31, 2022. 0 8,800 1,848 0 2,156 26,400 Marigold Company borrowed $8,800 by signing a 12%, one-year note on September 1, 2022. Interest will be paid when the note is repaid. A count of supplies on December 31, 2022, indicates that supplies of $792 are on hand. Depreciation on the equipment for 2022 is $880. Marigold paid $1,848 for 12 months of insurance coverage on June 1, 2022. On December 1, 2022, Marigold collected $26,400 for consulting services to be performed evenly from December 1, 2022, through March 31, 2023. Marigold performed consulting services for a client in December 2022. The client will be billed $3,696. Marigold pays its employees total salaries of $7,920 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2022.

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