Presented below are selected accounts from the unadjusted trial balance of Sneetch Star Makers Inc., a talent agency, at 12/31/20(year-end). Please note that these are just selected accounts.It is not intended to balance.Also, you will need to create new accounts in making theyearlyadjusting entries referred tobelow.

Cash$10,000Accumulated DepreciationOffice Equip$2,000

Accounts Receivable2,000Notes Payable20,000

Supplies2,000Unearned Revenue5,000

Prepaid Rent1,800Service Revenue30,000

Office Equipment10,000Salaries Expense30,000

1.Supplies: A count on Dec. 31 reveals that there are$600 of supplies remaining on hand.

2.Rent: The rentalcoversone yearand was paid in advanceon 1/1/20

3.Depreciation:The office equipment depreciates at a rate of $1,000 per year

4.Unearned Revenue: Two-fifths (40%) of the unearned revenue wasstill unearnedas of 12/31/20.

5.Salaries:Accrued but unpaid employee salaries amounted to $2,000 as of 12/31/20.