Sheffield was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. Cr. SHEFFIELD TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Dr. Cr. $23,000 18,500 7,400 3,200 70,000 $33,000 3,000 Adjusted Dr. $23,000 22,500 1,700 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable terest Payable otes Payable nearned Service Revenue daries and Wages Payable mmon Stock 2,450 70,000 -0- 12,000 7,000 $37,000 3,000 360 12,000 5,700 1,400 10,000 -0- 10,000 31 HT tv MacBook Air 5,500 70,800 5,500 76,100 15,800 17,200 750 Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense 400 760 4,000 5,700 3,000 3,000 $141,300 $141,300 $151,060 $151,060 Journalize the annual adjusting entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Dec. 31 Credit (To record accrued service revenue) Dec. 31 31 tv MacBook Air Question 52 of 52 e Textbook and Media List of Accounts Prepare an income statement for the year ending December 31, 2020. SHEFFIELD Income Statement $ 31 . (ee stv