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Help Save The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balances. All of the

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Help Save The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balances. All of the accounts listed have normal balances. Cash $11,500 2,300 1,600 5,400 13,000 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation 2,300 23,000 Notes Payable (long-term) Deferred Revenue Service Revenue 6,500 33,000 31,500 Salaries and Wages Expense The following information is also available: A) A count of supplies revealed $700 worth on hand at December 31, 2018. B) An insurance policy, purchased on January 1, 2018, covers five years. C) The equipment depreciates at a rate of $1,300 per year; no depreciation has been recorded for 2018. D) One half (or 50 % ) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018. E) The accrued amount of salaries and wages at December 31, 2018 is $2,300 Required: Prepare the required adjustments for the company as of December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 5 A couDt of cunntine nsiOalod e700 seIOsth on baed nt Dencomboe 25 1010 Next > 31 of 26 Drou Required: Prepare the required adjustments for the company as of December 31, 2018. (If no entry is required for a transaction/even "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 31 of 36 Prev m View transaction list Journal entry worksheet

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