Problem Sheridan Co. provides music lessons to many clients across the city. The following information is available to be used in recording annual adjusting entries at the company's September 30, 2017, year end 3-7A The su pics entory on September 30 2017 a mount to S99 ? On October 2016 the company had a balance of 52 20 ?n its supplies account. Additional supplies were purchased during the year tota ng S 87 2. On November 1, 2016, Shendan purchased a one-year insurance policy for $3,060 3. On January 2, 2017, a client paid $1,680 for six months of lessons starting April 2, 2017 4 On February 1, 2017, Sheridan purchased a grand pinna to he used in music lessons for $32,400. The pinna's estimated useful lite is 18 years. is yusr On May 1, 2017, Sheridan borrowed $29,460 from the bank and signed a 10 month, 8% note payable. Interest and principal are to be paid at maturity. 6. On August 1, 2017, sheridan signed a contract with a neighbourhood school to provide weekly piano lessons to some of its students for a fee of $1,880 per month. The contract called for lessons to starton eptember 1, 2017. The school has not yet been sent an invoice for the month of Septamber 7. On August 15, 2017, the company paid $9,000 to Pinnade Holdings to rent additional studio space for nine months starting September 1. Sheridan recorded the full payment as Prepaid Rent. 8. Sheridan's instrurtars have enrned salaries at 52,570 fnr the last week nt Septemher 2017. This amaunt will be paid to the instructors ??n the next payday: October 6, 2017 9. Music lessons were provided to a local church group for $1,380 on September 30, 2017, Sheridan has not yet invoiced the group or recorded the transaction. 10. n early Uctober 2017, Sheridan received an invoice for $940 from the utility company for Septamber utlities. The amount has not yet been recorded or paid Prepare the adjusting journel entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, e.g. 5,275. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) No. Datc Account Titles and Explanation Debit Credit . Sept. 30 2. Sept. 30 Sept. 30