The data provided pertains to the accounts of Zeta Company:

At the end of the year, unpaid salaries and wages total $$400.$

The company holds bonds from another corporation, that pay annual interest of $$1200.$ These bonds were acquired on April $1,2023,$ with the forthcoming interest payment scheduled for April $1,2024.$

On November $1,2023,$ a three$-$year insurance policy was acquired. The $$1,800$ insurance premium payment was debited to Prepaid Insurance on that date.

On June $1,2023,$ Service Revenue was credited with $$1200.$ This sum signifies a one$-$year advance payment for services slated to be carried out until May $31,2024.$

The Supplies account shows a balance of $$2,500$ on December $31,2023.$ A physical count of the supplies on hand at this date reveals a total of $$1,000$ available.

Instructions

Prepare the necessary adjusting journal entries for the year ended December $31,2023.$