Sandhill Company has the following balances in selected accounts on December 31,2022 . All the accounts have normal balances. The information below has been gathered at December 31 , 2022. Interest will be paid when the note is repaid. 1. Sandhill Company borrowed $8,400 by signing a 9%, one-year note on September 1,2022. 2. A count of supplies on December 31, 2022, indicates that supplies of $900 are on hand. 3. Depreciation on the equipment for 2022 is $1,000. 4. Sandhill paid $2,280 for 12 months of insurance coverage on June 1,2022 . 5. On December 1,2022, Sandhill collected $31,000 for consulting services to be performed evenly from December 1,2022 . through March 31, 2023. 6. Sandhill performed consulting services for a client in December 2022. The client will be billed $4,500. 7. Sandhill pays its employees total salaries of $5,700 every Monday for the preceding 5 -day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26 . All employees worked the last 3 days of 2022 No. Account Tities and Explanation 1. Interest Payable 2. Supplies Expense Supplies 3. Accumulated Depreciation-Equipment Accumulated Depreciation-Equipment 4. Insurance Expense Prepaid insurance 5. Unearned Service Revenue Service Revenue 6. Accounts Recelvable Service Revenue 7. Solaries and Wages Expense Salaries and Wages Payable Debit Credit