OURCES immer FULL SCREEN PRINTER VERSION LACK NEXT Question 4 Sandhill Co. has the following balances in selected accounts on December 31, 2017. Sandhill has a calendar year end. Accounts Receivable $ 0 Accumulated Depreciation Equipment 0 Equipment 7,800 Interest Payable 0 Notes Payable 11,400 Prepaid Insurance 2,196 Salarles Payable 0 Supplies 2,620 Uneamed Revenue 34,200 All the accounts have normal balances. The information below has been gathered at December 31, 2017. 1. 2. 3. 4. 5. Sandhill Co. borrowed $11,400 by signing a 4%, one-year note on September 1, 2017. A count of supplies on December 31, 2017, indicates that supplies of $920 are on hand. Depreciation on the equipment for 2017 is $1,230. Sandhill Co. paid $2,196 for 12 months of insurance coverage on June 1, 2017. On December 1, 2017, Sandhill collected $34,200 for consulting services to be performed evenly from December 1, 2017, through March 31, 2018 Sandhill performed consulting services for a dient in December 2017. The client will be billed $3,000. Payment from the customer is expected on January 15, 2018 Sandhill Co. pays its employees total salaries of $10,300 every Wednesday for the preceding five-day week (Monday through Friday). On Wednesday, January 3, 2018, employees were paid for the last five weekdays of 2017 ORI 6. 7. re Volume 1, Custom Course for Se ASSIGNMENT RESOURCES ACCL Lah S 2020 Questo Question Prepare the appropriate subsequent cash entries. (Credit account titles are automatically indented when the amount is enten required, select "No Entry for the account titles and enter for the amounts.) Question Ma cw Score Date Account Titles and Explanation 1. Aug. 31 Debat Crest 6. 7. SHOW UST OF ACCOUNTS ch here o CE