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Question 17 (1 point) The December 31, 2020, trial balance of Sable Inc. included the following accounts: Additional data: - An inventory count of supplies

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Question 17 (1 point) The December 31, 2020, trial balance of Sable Inc. included the following accounts: Additional data: - An inventory count of supplies indicated $1,500 were still on hand at year end. - The prepaid insurance represents the annual premium on a policy providing coverage starting July 1, 2020. - Since the last payday, employees have earned an additional $15,500 which has not yet been paid or recorded. - Sable inc has now eamed half of the unearned revenue. - The equipment has an estimated life of 10 years and no expected value at the end of its life. - Services performed but unbilled and uncollected at year end amount to 39.250 Prepare the necessary year-end adjusting entries as of December 31,2020

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