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1. On October 1, 2024, Microchip lent $83,000 to another company. A note was signed with principal and 8% interest to be paid on September

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1. On October 1, 2024, Microchip lent $83,000 to another company. A note was signed with principal and 8% interest to be paid on September 30,2025 2. On November 1,2024 , the company. paid its landlord $7.200 representing rent for the months of November through Januacy Prepaid rent was debited at the time of payment. 3. On August 1, 2024, coliected $13,200 in advance rent from another company that is renting a portion of Microchip's factory. The $13,200 represents one year's rent and the entire amount was credited to deferred rent revenue at the time cosh was recelved. 4. Depreciation on office equipment is $4,900 for the year: 5. Vacation pay for the year that had been eamed by employees but not paid to them or recorded is $8,400. The company records vacation pay as salaries expense, 6. Microchip began the year with $2,400 in its asset account, supplies; During the year, $6,900 in supples were purchased and debited to supplies. At year-end, supplies costing $3.450 remain on hand. Required: Prepare the necessary adjusting entries at December 31, 2024 for eoch of the above situotions. Assume that no financial statements were prepared during the year and no adjusting entries were recorded. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 23456 signed with princlpal and 8% interest to be paid on September 30, 2025. Prepare the necessary adjusting entry on December 31, 2024. Enter detits before credits

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