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Devin Wolf Company has the following balances in selected accounts on December 31, 2021 Devin has a calendar year end $ 0 0 Accounts Receivable

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Devin Wolf Company has the following balances in selected accounts on December 31, 2021 Devin has a calendar year end $ 0 0 Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries Payable Supplies Unearned Revenue 7,000 0 10,000 2,100 0 2.450 32000 All the accounts have normal balances. The information below has been gathered at December 31, 2021 1 2 3 4 5 Devin Wolf Company borrowed $10,000 by signing a 4%, one-year note on September 1, 2021 A count of supplies on December 31, 2021, indicates that supplies of $900 are on hand Depreciation on the equipment for 2021 is $1,000 Devin Wolf Company paid $2,100 for 12 months of insurance coverage on June 1, 2021 On December 1, 2021, Devin Wolf collected $32,000 for consulting services to be performed evenly from December 1, 2021, through March 31, 2022 Devin Woll performed consulting services for a client in December 2021. The client will be billed $4,200 Payment from the customer is expected on January 14, 2022 Devin Wolf Company pays its employees total salaries of $9,000 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 6 7 Prepare adjusting entries for the seven items described above (Credit account titles are automatically indented when the amount is entered. Do nor indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) Prepare adjusting entries for the seven items described above (Credit account titlos 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) Credit Debit Account Titles and Explanation No. Date Dec 31 1 2. Dec. 31 3. Dec 31 4 . Dec. 31 5 Dec 31 6 Dec 31 Dec. Dec. 31 5. Dec. 31 6. Dec. 31 7. Dec. 31

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