Hu/courses/36916/assignments/321832?module_item_id365235 View Policies Current Attempt in Progress Ivanhoe Company has the following balances in selected accounts on December 31, 2020 $0 8.000 Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue 10,000 3.480 2000 31.000 All the accounts have normal balances. The information below has been gathered at December 31, 2020 1. Ivanhoe Company borrowed 510.100 by signing a one-year note on September 1, 2020 2. Acount of supplies on December 31, 2020. indicates that supplies of $890 are on hand 3. Depreciation on the equipment for 2020 is 51.000. 4. Ivanhoe Company paid $3.480 for 12 months of insurance coverage on June 1.2020 5. On December 1, 2020. Ivanhoe collected $31,000 for consulting services to be performed from December 1.2020 thr 2021. The company had performed 1/4 of the services by December 31 6. Ivanhoe performed consulting services for a client in December 2020. The client will be billed $4.000. 7. Ivanhoe Company pays its employees total salaries of $5.400 every Monday for the preceding 5-day week (Monday the 3/36916/assignments/321832?module item id: 365235 Doppe Unearned Service Revenue 31.000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1. Ivanhoe Company borrowed $10,100 by signing a 9% one year note on September 1, 2020. 2. Acount of supplies on December 31, 2020, indicates that supplies of $890 are on hand. 3. Depreciation on the equipment for 2020 is $1.400. 4. Ivanhoe Company paid $3.480 for 12 months of insurance coverage on June 1, 2020 5. On December 1, 2020, Ivanhoe collected $31.000 for consulting services to be performed from December 1, 2020, through March 31, 2021. The company had performed 1/4 of the services by December 31. 6. Ivanhoe performed consulting services for a client in December 2020. The client will be billed $4,000. 7. Ivanhoe Company pays its employees total salaries of $5,400 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 2020 Prepare adjusting entries for the seven items described above. (Credit account titles are automatically Indented when the amount is entered. Do not Indent manually) Debit No. Account Titles and Explanation Credit