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No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. Bramble Company has the following balances in selected accounts on December

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No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. Bramble Company has the following balances in selected accounts on December 31, 2022. $0 0 8,960 0 Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue 12.800 2,688 0 3,136 38,400 All the accounts have normal balances. The following information has been gathered at December 31, 2022. 1. 2. 3. 5. Bramble Company borrowed $12,800 by signing a 12%, one-year note on September 1, 2022. Interest will be paid when the note is repaid. A count of supplies on December 31, 2022, indicates that supplies of $1,152 are on hand. Depreciation on the equipment for 2022 is $1,280. Bramble paid $2,688 for 12 months of insurance coverage on June 1, 2022. On December 1, 2022, Bramble collected $38,400 for to be performed evenly om December 1, 2022, through March 31, 2023. Bramble performed consulting services for a client in December 2022. The client will be billed $5,376. Bramble pays its employees total salaries of $11,520 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 2022. 6. 7

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