Current Attempt in Progress Novak Compary has the following balances in selected accounts on December 31, 2022. All the accounts have narmal balances. The following information has been gathered at December 31, 2022. 1. Novak Company borrowed $17,200 by signing a 12\%, ane-year nate on September 1,2022 . Interest will be paid when the note is repaid. 2. A count of supplies an December 31, 2022, indicates that supplies of $1,549 are an hand. 3. Depreciation an the equipment for 2022 is $1,720. 4. Novak paid $3,612 for 12 months of insurance coverage an June 1,2022. 5. On December 1, 2022, Novak collected $51,600 for consulting services to be perfarmed evenly from December 1,2022 , through March 31, 2023. 6. Novak performed consulting services for a client in December 2022 The client will be billed $7,224. 7. Novak pays its employees total salaries of $15,480 every Monday for the preceding 5-day week (Monday through Friday. On Manday, December 29 , emplayees were paid for the week ending December 26 . All emplayees warked the last 3 days of 2022. Prepare adjusting entries for the seven items described above. Novak prepares adjustments annually. (Credit account tities are automatically indented when the amount is entered. Do not indent manualiy.)