the unadjusted trial balance for sandhill engineering at its year end , december 31,2021

Help System Announcements Exercise 4-9 The unadjusted trial balance for Sandhill Engineering at its year end, December 31, 2021, is as follows: Credit SANDHILL ENGINEERING Trial Balance December 31, 2021 Debit Cash $8,300 Accounts receivable 6,750 Supplies 5,150 Prepaid insurance 7,440 Notes receivable 12,400 Equipment 27,000 Accumulated depreciation equipment Accounts payable H. Duguay, capital H. Duguay, drawings 53,500 Service revenue Salaries expense 39,500 $160,040 $8,100 5,000 33,940 113,000 $160,040 Additional information: 1. Services of $10,250 was provided but unrecorded and uncollected as at December 31, 2021. 2. On June 1, the company purchased a one-year Insurance policy. 3. Depreciation on the equipment for 2021 is $2,700. 4. A count on December 31, 2021, showed $1,700 of supplies on hand. 5. The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date. earch Prepare adjusting entries for the year ended December 31, 2021. (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 Dec. 31 (To accrue revenue earned but not billed or collected) Dec. 31 (To record insurance expired) Dec. 31 (To record depreciation) Dec. 31 (To record supplies used) Dec. 31 (To record accrued interest) Post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) Accounts Receivable Interest Receivable Prepaid Insurance ILM Supplies Accumulated Depreciation-Equipment Service Revenue Interest Revenue PRINTER VERWONYBACK Supplies Expense Depreciation Expense Insurance Expense Date Account Titles and Explanation Dec. 31 Prepare desing entries. (Credit accountries 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) (todose revenue accounts Dec. 31 Prepare closing entries. (Credit account titles are automatically indented when amount is entered. De not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Dec. 31 > > (To close revenue accounts) Dec. 31 (To close expense accounts) Dec. 31 (To dos profitto capital Dec. 31 To close drawings account) ENG