Required information Peter Piper Industries' unadjusted trial balance at December 31, 2020 includes the following accounts. Cash Supplies Prepaid Insurance Deferred Revenue Additional information is as follows: 2,900 1,700 3,600 4,200 1. $400 of the supplies are on hand at December 31, 2020. 2. Prepaid Insurance is the cost of a 1-year insurance policy covering the period May 1, 2020 through April 30, 2021. 3. Deferred Revenue represents 3 months of service (December 2020 and January and February 2021). 4. Interest of $150 was incurred in 2020 on a short-term note payable. The amount borrowed and all of the interest on the note will be paid to the bank on June 1, 2021. 5. Peter Piper provided $2,200 of consulting services during 2020 for which it has not yet billed customers. Payment is expected at the end of January. Prepare the necessary journal entries for Peter Piper Industries for the year ended December 31, 2020