Shown below is the trial balance for Sheridan Co. as at December 31, 2024, the company's year end. The company owner provides you with the following additional information: a) No interest has been paid yet on the note payable. The note has been outstanding since April 1 and the interest rate is 8%. b) The equipment originally cost $190,000 and has an estimated residual value of $19,000 and a useful life of 6 years. c) On June 1 the company renewed its insurance policy and paid a $1,800 premium for the year. It was correctly recorded at that tim d) On October 1 the company sold a 12-month service contract to a client for $17.000 and recorded it as Deferred Revenue because

Shown below is the trial balance for Sheridan Co as at December 31,2024 , the company's year end. The company owner provides you with the following additional information: a) No interest has been pald yet on the note payable. The note has been outstanding since April 1 and the interest rate is 8% b) The equipment originally cost $190,000 and has an estimated residual value of $19,000 and a useful life of 6 years. c) On June 1 the company renewed its insurance policy and paid a $1.800 premium for the year. It was correctly ricorded at that tin d) On October 1 the compaty sold a 12 -month service contract to a dient for $17,000 and recorded it as Deferred Revenue becaus? Prepare ary adjusting entries required. (ff no entry is required, select "No Entry' for the occount tilles and enter O for the amounts. Credit account titles are autornatically indented wh debit entries before credit entries. Round answers to O decimal places, es 52.75)