Wildhorse Co. has the following balances in selected accounts on December 31, 2017. Wildhorse has a calendar year end. $ 0 0 8,100 0 Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries Payable Supplies Unearned Revenue 12,300 2,436 0 2,480 29,400 All the accounts have normal balances. The information below has been gathered at December 31, 2017. 1 2. 3. 4. Wildhorse Co. borrowed $12,300 by signing a 4%, one-year note on September 1, 2017. A count of supplies on December 31, 2017, indicates that supplies of $770 are on hand. Depreciation on the equipment for 2017 is $1,130. Wildhorse Co. paid $2,436 for 12 months of insurance coverage on June 1, 2017. On December 1, 2017, Wildhorse collected $29,400 for consulting services to be performed evenly from December 1, 2017, through March 31, 2018. Wildhorse performed consulting services for a client in December 2017. The client will be billed $3,000. Payment from the customer is expected on January 15, 2018. Wildhorse Co. pays its employees total salaries of $8,900 every Wednesday for the preceding five-day week (Monday through Friday). On Wednesday, January 3, 2018, employees were paid for the last five weekdays of 2017. 5. 6. 7. 1. Dec. 31 Interest Expense 164 Interest Payable 164 2. Dec. 31 Supplies Expense 1710 Supplies 1710 3. Dec. 31 Depreciation Expense 1130 Accumulated Depreciation - Equipment 1130 4. Dec. 31 Insurance Expense 1421 Prepaid Insurance 1421 5. Dec. 31 Unearned Revenue 7350 Service Revenue 7350 6. Dec. 31 Accounts Receivable 3000 Service Revenue 3000 7. Dec. 31 Salaries Expense 8900 Prepare the appropriate subsequent cash entries. (Credit account titles are automatically indented when the 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.) No. Date Account Titles and Explanation Debit Credit 1. Aug. 31 6. 7