Answer this question with explanation please

Problem 2-2 The Salem Bread Company produces and sells various bakery products to Adjusting entries restaurants. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31.2016. appears below. Account Title 32,000 Accounts receivable 85,000 225.000 Accumulated depreciation equipment 77,000 payable 38,000 Salaries and wages payable Note payable Interest payable Deferred revenue Common stock 127.300 Retained earnings 256,000 Sales revenue Cost of goods sold 145,000 Salaries and wages expense 62,000 Rent expense Depreciation expense Interest expense Supplies expense Miscellaneous expense 3,000 Totals Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the equipment for the year is s22,000. Salaries and wages payable at the end of the month should be S7,000. 2. 3. On April 1, 2016, Salem borrowed S50,000 from a local bank and signed a note. The note requires interest to be paid annually on March 31 at 8%. The principal is due in 5 years. 4. $1,000 of supplies remained on hand at December 31, 2016. 5. In November, a customer paid Salem S3,000 for an order that was delivered in December The cash received was dited to deferred revenue. No other customer advances were received during the year. 6. On December 1, 2016, $4,000 rent was paid to the owner of the building The payment represented rent for December through March 2017, per month. Required adjusting journal entries. Prepare the necessary December 31,2016