journalize annual adjusting entries

Sheridan Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. SHERIDAN ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Dr. Cr. Cash $18,640 Accounts Receivable 28,100 Supplies 8,500 Prepaid Insurance 4,880 Equipment 69,190 Accumulated Depreciation Equipment $27,430 Accounts Payable 38,742 Interest Payable -0- Notes Payable 5,200 Unearned Service Revenue 7,020 Salaries and Wages Payable -0- Common Stock 10,130 Retained Earnings 3,530 Service Revenue 53,068 Salaries and Wages Expense 11,040 Insurance Expense Interest Expense 480 Depreciation Expense Supplies Expense Rent Expense 4,290 $145,120 $145,120 Adjusted Dr. Cr. $18,640 32,098 3,003 4,029 69,190 $32,480 38,742 156 5,200 5,653 1,401 10,130 3,530 58,433 12,441 851 636 5,050 5,497 4,290 $155,725 $155,725 $145,120 $145,120 $453.725 $25,725 available until you sign in again. Debit No. Date Account Titles and Explanation 1. Dec. 31 (To record accrued service revenue) 2. Dec. 31 (To record earned service revenue) 3. Dec. 31 (To record supplies used) 4. Dec. 31 (To record depreciation on equiment) 5. Dec. 31 (To record interest accrued on the note) 6. Dec. 31 (To record expired insurance) 7. Dec. 31 (To record accrued wages)