*Problem C-02 Windsor, Inc. was founded in January 2017. Presented below are adjusted and unadjusted trial balances as at December 31, 2020. Cr Windsor, Inc. Trial Balance December 31, 2020 Unadjusted Dr. Cr. Cash $10,340 Accounts receivable 18,800 Supplies 7,900 Prepaid insurance 3,150 Equipment 56,400 Accumulated depreciation-equipment $26,320 Accounts payable 4,700 Interest payable Notes payable 5,000 Unearned revenue 6,580 Salaries and wages payable Common shares 9,400 Retained earnings 3,000 Service revenue 55,080 Salaries and wages expense 9,400 Insurance expense Interest expense 330 Depreciation expense Supplies expense Rent expense 3,760 $110,080 Adjusted Dr. $10,340 22,090 2,820 2,350 56,400 $31,020 4,700 150 5,000 5,260 1,220 9,400 3,000 59,690 10,620 800 480 4,700 5,080 3,760 $119,440 Journalize the annual adjusting entries that were made. (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.) Debit Credit Date Account Titles and Explanation Dec. 31 (To record revenue earned) Dec. 31 (To record revenue previously collected) Dec. 31 (To record supplies used) Dec. 31 uannann annann annani ann an no no no no (To record depreciation expense) Dec. 31 (To record interest expense) Dec. 31 (To record expired insurance) Dec. 31 (To record salaries accrued owing to employees) Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) WINDSOR, INC. Income Statement Prepare a statement of retained earnings for the year ending December 31, 2020. WINDSOR, INC. Statement of Retained Earnings Prepare an unclassified statement of financial position at December 31. (List Current Assets in order of liquidity.) WINDSOR, INC. Statement of Financial Position Assets Liabilities and Shareholders' Equity If the note has been outstanding three months, what is the annual interest rate on that note? Annual interest rate % If the company paid $11,750 in salaries and wages in 2020, what was the balance in Salaries and Wages Payable on December 31, 2019? Balance in Salaries and Wages Payable s