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13 Grasshopper Lawn Se Informaton necessary wides general lawn maintenance to customers. The company's fiscal year-end is December 31. re the year-end adjusting entries appears

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13 Grasshopper Lawn Se Informaton necessary wides general lawn maintenance to customers. The company's fiscal year-end is December 31. re the year-end adjusting entries appears below. 0.88 points Sed 1. on October 1, 2021. Grasshopper lent $95,000 to another company. A note was signed with principal and 8% Interest to be paid on 2. On November 1, 2021, the company paid its landlord $18.000 representing rent for the months of November through January 3. On August 1 2021, Grasshopper collected $22.500 in advance rent from another company that is renting a portion of Grasshopper's building. The $22.500 represents one year's rent, and the entire amount was credited to Deferred Revenue 4. Depreciation for the year is $21.500. 5. Vacation pay for the year that had been earned by employees but not paid to them or recorded is $11,500. The company records vacation pay as Salaries Expense. 6. Grasshopper began the year with $24,000 in its Supplies account. During the year $65,500 in supplies were purchased and debited to the Supplies account. At year-end supplies costing $25,500 remain on hand. Bock Pint Inces Required: Prepare the necessary adjusting entries on December 31, 2021 (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transactions Journal entry worksheet 1 3 5 6 > On October 1, 2021, Grasshopper lent 595,000 to another company. A note was signed with principal and 8% Interest to be paid on September 30, 2022, Record the adjusting entry for interest at its year-end of December 31. Net Date December 31 General Journal Debit Credit

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