The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balances. All of the accounts listed have normal balances.

Cash	$	16,000
Accounts Receivable		3,200
Supplies		3,400
Prepaid Insurance		7,200
Equipment		22,000
Accumulated Depreciation		3,200
Notes Payable (long-term)		32,000
Deferred Revenue		11,000
Service Revenue		42,000
Salaries and Wages Expense		36,000

The following information is also available:

1. A) A count of supplies revealed $1,600 worth on hand at December 31, 2018.
2. B) An insurance policy, purchased on January 1, 2018, covers four years.
3. C) The equipment depreciates at a rate of $2,200 per year; no depreciation has been recorded for 2018.
4. D) One half (or 50%) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018.
5. E) The accrued amount of salaries and wages at December 31, 2018 is $3,200.

Required:

Prepare the required adjustments for the company as of December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)