By the end of December 2021, Mick Butcher, chief accountant of Bangels Corp is working to finish his accounting for the month. He realizes that he still needs to prepare the adjusting entries, and he has the following information: 1. Salaries earned by employees that have not yet been recorded or paid amount to 67,000. 2. Depreciation of the Office Equipment equipment is based on an estimated life of 8 years. The straight-line method is used. Depreciation of the Building is based on an estimated life of 20 years. The straight-line method is used. 3. The company signed an insurance contract by July 1st, 2021, for one year, with a value of 4,600. 4. An 18-month note payable in the amount of 1,200,000 had been obtained with an interest computed at an annual rate of 5 percent on May 1st, 2020. The entire 1,200,000, plus all the interest accrued over the 18-month life of the loan, is due in full on July 1st of the upcoming year. 5. Unrecorded Income Taxes Expense accrued in December amounts to 25% of Earnings before taxes. This amount will not be paid until March 30. 6. The company has just signed a new 450,000 contract for next year services with customer AD Blocker Corp and collected a 30% of the amount. 7. By December 31st the company has just sold the building for 330,000 cash. Prepare adjusting entries on General Journal format