help, the red is where i need help? what numbers do i need to input there? what expenses go in the other place?

Your answer is partially correct Sandhill Company has the following balances in selected accounts on December 31, 2022 Accounts Receivable $0 Accumulated Depreciation - Equipment 0 6.000 Equipment Interest Payable 0 Notes Payable 11.000 Prepaid Insurance 21280 0 Salaries and Wages Payable Suppliers 2300 Unearned Service Revenu 31000 EV All the accounts have normal balances. The information below has been gathered at December 31, 2022. Interest will be paid when the note is repaid. 1. 2 3 4. Sandhill Company borrowed $8,400 by signing a 9%, one-year note on September 1, 2022. A count of supplies on December 31, 2022, indicates that supplies of $900 are on hand. Depreciation on the equipment for 2022 is $1.000. Sandhill paid $2.2B0 for 12 months of insurance coverage on June 1.2022 On December 1, 2022, Sandhill collected 531,000 for consulting services to be performed evenly from December 1, 2022 through March 31, 2023. Sandhill performed consulting services for a client in December 2022. The client will be billed $4,500 Sandhill pays its employees total salaries of $5.700 every Monday for the preceding 5-day week (Monday through Fridaylon Monday, December 29, employees were paid for the week ending December 26. All employees worked the last 3 days of 2022 5. 6. 7 Prepare adjusting entries for the seven items described above. Devin Wolf prepares adjustments annually. (List all debit entries before credit entries. Credit account titles are outomatically Indented when the amount is entered. Do not indent manually No. Account Titles and Explanation Debit Credit 1 interest Expense 3052 3052 Interest Payable 1400 2 Supplies Epe 400 Supole 1000 3 Depreciation Expense 427 Mostly dully RE No. Account Titles and Explanation Dehit Credit 1 Interest Expense 3052 test 2 Excew 1400 1400 Succes 1000 Depreciation 1500 Acum Depreciation 30 Insurance Prel 20 . RE Interest Payable 305 2 Supplies Expense 1400 Supplies 3. 1000 Derecatione Accamo Deorecation.com 1330 4 ce 1300 Prad 5. Acco Service 9 os Acomprecation Equipment 1000 Insurance EDS 1330 Predance 5. Accounts Receivable 725 Service 77 6. Unged Service Red 4500 1900 Service 7 Salaries and WD Salaries and Way 42 Muscousty TIL S Accounts Receivable 275 Service Revenue 175 6 Uncared Service Revenue 4500 UTANO 4500 Service Reven 3420 7. Salaries and Wages Expense Sand Wes Payable e Textbook and Media List of Accounts Attempts: 1 of 3 used 31 PM 2 Mostly cloudy Os