Pharoah Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable $0 Accumulated Depreciation-Equipment 0 Equipment 7.000 Interest Payable 0 Notes Payable 10,000 2,760 Prepaid Insurance Salaries and Wages Payable 0 Supplies 2,200 Unearned Service Revenue 32,000 All the accounts have normal balances. The information below has been gathered at December 31, 2022. Interest will be paid when the note is repaid. 1. Pharoah Company borrowed $ 10,000 by signing a 9%, one-year note on September 1, 2022. A count of supplies on December 31, 2022, indicates that supplies of $ 990 are on hand. 2. 3. 4. 5. Depreciation on the equipment for 2022 is $ 1.200. Pharoah paid $ 2.760 for 12 months of insurance coverage on June 1, 2022 On December 1, 2022, Pharoah collected $ 32,000 for consulting services to be performed evenly from December 1, 2022, through March 31, 2023. Pharoah performed consulting services for a client in December 2022. The client will be billed $4,100. Pharoah pays its employees total salaries of $ 5,200 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 Prepare adjusting entries for the seven items described above. Devin Wolf prepares adjustments annually. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation 300 1 Interest Expense 300 Interest Payable 2. Supplies Expense Supplies 3. Depreciation Expense Accumulated Depreciation-Equipment 4. Insurance Expense Prepaid Insurance 5. Unearned Service Revenue Service Revenue 6. Accounts Receivable Service Revenue 7. Salaries and Wages Expense Salaries and Wages Payable