For each adjustment, prepare a basic analysis, a debit-credit analysis. Use the following format, in which the first one has been done:

No.				Basic Type		Increase/Decrease		Specific Account		Amount
1.		Debit		Expense		Increases		Insurance Expense		$355
		Credit		Asset		Decreases		Prepaid Insurance		355
2.		Debit		select a Basic Type Contra LiabilityOwner's EquityAssetLiabilityRevenueDrawingsExpenseContra Assets		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type Contra AssetsContra LiabilityRevenueOwner's EquityAssetLiabilityDrawingsExpense		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
3.		Debit		select a Basic Type AssetExpenseContra LiabilityContra AssetsLiabilityOwner's EquityDrawingsRevenue		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type Owner's EquityAssetContra AssetsDrawingsExpenseContra LiabilityLiabilityRevenue		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
4.		Debit		select a Basic Type Owner's EquityContra AssetsRevenueLiabilityDrawingsAssetContra LiabilityExpense		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type AssetLiabilityContra AssetsExpenseContra LiabilityDrawingsOwner's EquityRevenue		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
5.		Debit		select a Basic Type RevenueContra AssetsContra LiabilityLiabilityOwner's EquityExpenseDrawingsAsset		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type Contra AssetsAssetExpenseDrawingsContra LiabilityRevenueOwner's EquityLiability		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
6.		Debit		select a Basic Type ExpenseContra LiabilityAssetContra AssetsLiabilityRevenueDrawingsOwner's Equity		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type DrawingsOwner's EquityExpenseAssetContra AssetsContra LiabilityLiabilityRevenue		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
7.		Debit		select a Basic Type Owner's EquityContra LiabilityDrawingsAssetContra AssetsExpenseLiabilityRevenue		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type RevenueDrawingsExpenseLiabilityOwner's EquityContra LiabilityAssetContra Assets		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
8.		Debit		select a Basic Type Contra LiabilityOwner's EquityLiabilityAssetDrawingsRevenueExpenseContra Assets		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount
		Credit		select a Basic Type RevenueAssetContra AssetsDrawingsContra LiabilityLiabilityOwner's EquityExpense		select an effect IncreasesDecreases		enter a Specific Account		enter a dollar amount

Wildhorse Services Company records adjusting entries on an annual basis. The following information is available to be used in recording adjusting entries for the year ended December 31, 2021. 1. 2. Prepaid insurance totalling $355 has expired. Supplies of $355 have been used. Annual depreciation on equipment is $1,205. 3. 4. 5. Services related to unearned revenue of $255 were performed. Salaries of $805 are unpaid. Utility expenses for 2021 of $255 are unrecorded and unpaid. 6. 7. Services provided but not collected in cash or recorded total $1,005. Interest of $180 on a note payable has accrued. 00 Prepare the adjusting journal entries. (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 O for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. Dec. 31 2. Dec. 31 3. Dec. 31 4. Dec. 31 5. Dec. 31 6. Dec. 31 7. Dec. 31 8. Dec. 31