Hwang Ltd, has the following balances in selected accounts on December 31, 2020. Accounts Receivable NT$0 0 Accumulated Depreciation-Equipment Equipment Interest Payable 6,000 0 10.000 Notes Payable Prepaid Insurance Salaries and Wages Payable 1.800 0 Supplies 2,000 Unearned Service Revenue 28,000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1 2 3 Hwang borrowed NT$8,400 by signing a 9%, one-year note on September 1, 2020. A count of supplies on December 31, 2020, indicates that supplies of NT$800 are on hand. Depreciation on the equipment for 2020 is NT$1,000 Hwang paid NT$1,800 for 12 months of insurance coverage on June 1, 2020. On December 1, 2020, Hwang collected NT$28,000 for consulting services to be performed from December 1, 2020, through March 31, 2021 Hwang performed consulting services for a client in December 2020. The client will be billed NT$3,500. Hwang pays its employees total salaries of NT$5,100 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 5. 6. 7. 2020. Prepare annual adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round intermediate calculations to 2 decimal places. 13. 15.25 and final answers to decimal places 1.225) No. Account Titles and Explanation Debit Credit 1