Devin Wolf Company has the following balances in selected accounts on December 31, 2017.

Accounts Receivable	0
Accumulated DepreciationEquipment	0
Equipment	6,000
Interest Payable	0
Notes Payable	10,200
Prepaid Insurance	2,340
Salaries and Wages Payable	0
Supplies	3,000
Unearned Service Revenue	28,000

All the accounts have normal balances. The information below has been gathered at December 31, 2017.

	1.	Devin Wolf Company borrowed $10,200 by signing a 9%, one-year note on September 1, 2017.
	2.	A count of supplies on December 31, 2017, indicates that supplies of $930 are on hand.
	3.	Depreciation on the equipment for 2017 is $2,000.
	4.	Devin Wolf Company paid $2,340 for 12 months of insurance coverage on June 1, 2017.
	5.	On December 1, 2017, Devin Wolf collected $28,000 for consulting services to be performed from December 1, 2017, through March 31, 2018. The company had performed 1/4 of the services by December 31.
	6.	Devin Wolf performed consulting services for a client in December 2017. The client will be billed $3,500.
	7.	Devin Wolf Company pays its employees total salaries of $5,700 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 2017.

Prepare adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No. Account Titles and Explanation	Debit	Credit
1.
1.
2.
2.
3.
3.
4.
4.
5.
5.