Tamarisk Company has the following balances in selected accounts on December 31, 2020. Accounts Receivable $0 Accumulated Depreciation-Equipment 11,000 Interest Payable 0 Notes Payable 19,000 Prepaid Insurance 2,520 Salaries and Wages Payable 0 Supplies 3,700 Unearned Service Revenue 51,000 All the accounts have normal balances. The information below has been gathered at December 31, 2020. 1. Tamarisk Company borrowed $19,000 by signing a 12%, one-year note on August 1, 2020. A count of supplies on December 31, 2020, indicates that supplies of $990 are on hand Depreciation on the equipment for 2020 is $2,200. 2. 3. 4. 5. Tamarisk Company paid $2,520 for 12 months of insurance coverage on May 1, 2020. On November 1, 2020, Tamarisk collected $51,000 for consulting services to be performed from November 1, 2020, through March 31, 2021 6. Tamarisk performed consulting services for a client in December 2020. The client will be billed $6,100. Tamarisk Company pays its employees total salaries of $13,000 every Monday for the preceding 5-day week (Monday 7. 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 1. Interest Expense Interest Payable 2. Supplies Expense Supplies 3. Depreciation Expense Accumulated Depreciation-Equipment 4. Insurance Expense Prepaid Insurance Debit 760 2,710 2,200 1470 5. Unearned Service Revenue 12750 Service Revenue 6. Accounts Receivable Service Revenue 7. Salaries and Wages Expense Salaries and Wages Payable 6100 7800 Credit 760 2,710 2,200 1470 12750 6100 7800 Prepare the entry the company would make related to item 6 in 2021 when the client pays the bill and the entry the company would make in 2021 when it pays its employees. (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 O for the amounts. List all debit entries before credit entries.) No. Account Titles and Explanation 6. Debit Credit 7.