Sheridan Company has the following balances in selected accounts on December 31, 2020. Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue $0 0 8,000 0 11.000 2,280 0 2,800 31.000 All the accounts have normal balances. The information below has been gathered at December 31, 2020, 1. Sheridan Company borrowed $10,700 by signing a 9%, one-year note on September 1, 2020. 2 A count of supplies on December 31, 2020, indicates that supplies of $930 are on hand. Depreciation on the equipment for 2020 is $1.200. 4 Sheridan Company paid $2.280 for 12 months of insurance coverage on June 1, 2020. 5 On December 1, 2020, Sheridan collected $31.000 for consulting services to be performed from December 1, 2020, through March 31, 2021. The company had performed 1/4 of the services by December 31 6. Sheridan performed consulting services for a client in December 2020. The client will be billed $4,500 7 Sheridan Company pays its employees total salaries of $5.100 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 2020, No. Account Titles and Explanation Debit Credit 1 2 3. 4. 5 6