S, Company prepares financial statements at Dec,31, 2019. Below are listed some selected accounts and their balances in the Dec,31 before any adjustments have been made Cash $ 250,000 - A/R 120,000 - N/R 50,000- Prepaid insurance 4,800 - Supplies 15,000 - Equipment 155,000 - Unearned revenue 40,000 - Salaries expense 11,000 - N/P 100,000 - Prepaid rent 5,000 - Rent expense 2,000 - Utilities expense 2,000

1- Performed service to clients 5,000 and not collected 2- Notes receivable sign for 3 months , annual interest rte 10% 3- Insurance paid at June,30 , for two years 4- Supplies on hand 5,000 5- Equipment purchased at July,1, 2019 , its salvage value 5,000 6- Earned 20% of the unearned revenue balance 7- Interest expense on N/P 1,500 8- Salaries paid monthly 9- Prepaid rent unexpired was 2,000 Prepare The Adjusting entries at Dec,31,2019