Verne Cova Company has the following balances in selected accounts on December 31, 2017.

Accounts Receivable		$ 0
Accumulated DepreciationEquipment		0
Equipment		7,000
Interest Payable		0
Notes Payable		9,800
Prepaid Insurance		2,460
Salaries and Wages Payable		0
Supplies		2,700
Unearned Service Revenue		35,200

All the accounts have normal balances. The information below has been gathered at December 31, 2017.

1.		Verne Cova Company borrowed $9,800 by signing a 12%, one-year note on September 1, 2017.
2.		A count of supplies on December 31, 2017, indicates that supplies of $830 are on hand.
3.		Depreciation on the equipment for 2017 is $1,700.
4.		Verne Cova Company paid $2,460 for 12 months of insurance coverage on June 1, 2017.
5.		On December 1, 2017, Verne Cova collected $35,200 for consulting services to be performed from December 1, 2017, through March 31, 2018. The company had performed 1/4 of the services by December 31.
6.		Verne Cova performed consulting services for a client in December 2017. The client will be billed $4,400.
7.		Verne Cova Company pays its employees total salaries of $10,000 every Monday for the preceding 5-day week (Monday through Friday). On Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2017.

Prepare adjusting entries for the seven items described above