Additional information:

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(a)

There is $790 of supplies on hand on December 31, 2024.

The one-year insurance policy was purchased on March 1, 2024.

Depreciation expense for the year is $10,200 for the equipment and $5,500 for the furniture.

Accrued interest expense at December 31, 2024, is $690.

Unearned revenue of $950 is still unearned at December 31, 2024. On the amount that was earned, cost of goods sold was $1.800.

A physical count of merchandise inventory indicates $32,800 on hand on December 31, 2024.

Concord Enterprises uses the perpetual inventory system and the earnings approach.

Prepare the adjusting entries assuming they are prepared annually. (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 0 for the amounts. List all debit entires