quipment Equipment Interest Payable 8,000 Notes Payable 10,000 Prepaid Insurance Salaries and Wages Payable Supplies 3,480 2,000 31,000 Unearned Service Revenue All the accounts have normal balances. The information below has been gathered at December 31, 2 020. 1, Ivanhoe Company borrowed $10,100 by signing a 9%, one-year note on September 1, 2020. s on December 31, 2020, indicates that supplies of $890 are on hand. A count of supplies 3. Depreciation on the equipment for 2020 is $1,400 4. Ivanhoe Company paid $3,480 for 12 months of insurance coverage on June 1, 2020 5. On December 1, 2020, Ivanhoe collected $31,000 for consulting services to be performed from December 1, 2020, through March 31, 2021. The company had 6. Ivanhoe performed consulting services for a client in December 2020. The client will be billed $4,0oo. 2. employees were paid for the week ending December 26. All employees worked the last 3 days of 2020. re to search