Assume it is now December 31, 2021, and Nicole has just completed her first year of operations at Nicoles Getaway Spa. After looking through her trial balance, she noticed that there are some items that have either not been recorded or are no longer up-to-date. Nicoles Getaway Spa is renting its space at a cost of $670 per month. On September 1, 2021, Nicole paid eight months rent in advance using cash. This prepayment was recorded in the account Prepaid Rent back in September. The building, purchased at the beginning of the year for $54,000 cash, has estimated depreciation of $2,700 for 2021, but none has been recorded yet. Salaries and wages to the support staff at Nicoles Getaway Spa have been paid up to December 26, 2021. The support staff worked both December 27 and 28 and will be paid on January 5, 2022. Salaries and wages amount to $1,100 per day. The spa was closed December 29 to 31. The insurance policy, purchased on June 1 for $3,420 cash, provides coverage for 12 months. The part of the insurance coverage for June to December has now been used up. The unadjusted amount in the Spa Supplies account was $2,700 at December 31, 2021, for supplies purchased on account. A year-end count showed $770 of supplies remain on hand. On the last day of December, a customer obtained spa services by using a $80 gift certificate that was purchased earlier in the month. Use of the gift certificate to pay for these services had not yet been recorded. Required: For each of the items listed above, identify whether an accrual adjustment, a deferral adjustment, or no adjustment is required. For each of the deferral adjustments, prepare the initial journal entry that would have been recorded. Prepare the adjusting journal entries that should be recorded for Nicoles Getaway Spa at De