On December 31, adjusting information for Ayayai Corp. is as follows:

1.Estimated depreciation on equipment is $3,000.

2.Property taxes amounting to $2,500 have been incurred but are unrecorded and unpaid.

3.Employee wages that have been earned by employees but are unpaid and unrecorded amount to $3,500.

4.The Service Revenue account includes amounts that have been paid by customers for services that have not yet been completed. The amount has been determined to be $5,000.

5.Interest of $100 on a $25,000 note payable has not been recorded or paid.

Prepare the reversing entries, where appropriate. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit 1. X Depreciation Expense 3,000 X Unearned Revenue x 3,000 2. Property Tax Payable 2500 Property Tax Expense 2500 3. Salaries and Wages Payab 3500 Salaries and Wages Exp 3500 4. X Prepaid Insurance 5000 Unearned Revenue 5000 5. Interest Payable 100