ces Prepare the journal entries to record transactions (a) through (). Then prepare the necessary adjusting entrie correctly report net income for the period. Then record the closing entry as of December 31. (If no entry is re transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 10 11 12 13 14 15 16. 17 Income tax for 2021 was $1 and will be paid in 2022. Record the adjusting entry. Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Credit Clear entry Record entry View general journal