Problem #3 Selected account balances BEFORE adjustment for Wingnut Co. at December 31, 2019 (end of the current year) are shown below: Fees receivable Debits Credits Note receivable 50,000 Interest receivable Supplies 3,600 Prepaid Insurance 18,000 Equipment 125,600 Accumulated Depreciation - Equipment 37,500 Notes payable 150,000 Salaries payable Interest Payable Unearned fees Unearned subscriptions revenue 2 Fees earned 3. Subscriptions revenue 4 Interest Income 37 567 Salary expense 400,000 Interest Expense Insurance expense 38 Depreciation expense 39 Supplies expense 6,000 19,250 40 41 Information regarding December 2019 adjusting entries: 4,500 16,500 750,000 1,500