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Wildhorse Co has the following balances in selected accounts on December 31, 2021. Wildhorse has a calendar year end. $ 0 0 8.100 0 Accounts

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Wildhorse Co has the following balances in selected accounts on December 31, 2021. 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, 2021. 2. Wildhorse Co. borrowed $12,300 by signing a 4% one-year note on September 1, 2021 A count of supplies on December 31, 2021, indicates that supplies of $770 are on hand. Depreciation on the equipment for 2021 is $1.130, 3 4 Wildhorse Co. paid $2,436 for 12 months of insurance coverage on June 1.2021 All the accounts have normal balances. The information below has been gathered at December 31, 2021 1. 2 3. Wildhorse Co. borrowed $12,300 by signing a 4%, one-year note on September 1, 2021. A count of supplies on December 31, 2021. Indicates that supplies of $770 are on hand. Depreciation on the equipment for 2021 is $1.130. Wildhorse Co. paid $2,436 for 12 months of insurance coverage on June 1, 2021. On December 1, 2021, Wildhorse collected $29.400 for consulting services to be performed evenly from December 1, 2021. through March 31, 2022. Wildhorse performed consulting services for a client in December 2021. The client will be billed $3,000. Payment from the customer is expected on January 14, 2022. Wildhorse Co. pays its employees total salaries of $8,900 every Wednesday for the preceding five-day week (Monday through Friday). On Wednesday, January 5, 2022, employees were paid for the last five weekdays of 2021. 5 6. 7. No. Date Account Titles and Explanation Debit Credit 1. Dec. 31 2. . Dec. 31 3. Dec. 31 4. Dec. 31 5. Dec. 31 3. Dec. 31 4 Dec. 31 5. Dec. 31 6. Dec. 31 . 7 Dec. 31

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