ork Question 2 of 5 View Policies Current Attempt in Progress Sheridan Company has the following balances in selected accounts on December 31, 2020. $0 0 6,000 0 Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue 10,000 4,080 0 2,600 29,000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1 Sheridan Company borrowed $10.200 by signing a 9%, one-year note on September 1, 2020. A count of supplies on December 31, 2020, indicates that supplies of $960 are on hand. 2. search O mestion 2 of 5 - / 1 Supplies Unearned Service Revenue 2,600 29,000 all the accounts have normal balances. The information below has been gathered at December 31, 2020, 1. 2. 3. 4. S. Sheridan Company borrowed $10,200 by signing a 9%, one-year note on September 1, 2020. A count of supplies on December 31, 2020, indicates that supplies of $960 are on hand. Depreciation on the equipment for 2020 is $2,200. Sheridan Company paid $4,080 for 12 months of insurance coverage on June 1, 2020. On December 1, 2020, Sheridan collected $29,000 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. Sheridan performed consulting services for a client in December 2020. The client will be billed $4,200. Sheridan Company pays its employees total salaries of $5,300 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 worke the last 3 days of 2020. 6. 7. "repare adjusting entries for the seven items described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) O SH * 30 w