Che 3 Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below. Credits Debit 36,000 43,000 5.000 63.000 25,000 0 2,000 7.500 92,000 Account Title Cauth Accounts receivable Supplies Taventory Notes receivable Tateret receivable Prepaid rent Prepaid insurance office equipment Accomilated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense 34,500 34,000 0 53,000 0 3,500 79.500 36,000 7.000 161.000 85.000 20,400 12,500 0 0 2,600 0 4,500 401,500 401,500 Totals Information necessary to prepare the year-end adjusting entries appears below. Chapter 02 Swed Help 00 Insurance expense Advertising expense Total 3.300 401,500 401,500 10 points Information necessary to prepare the year-end adjusting entries appears below. B. Print References 1. Depreciation on the office equipment for the year is $11,500, 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $1,500. 3. On October 1, 2021. Pastina borrowed $53,000 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2021, the company lent a supplier $23,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022 5. On April 1, 2021, the company paid an insurance company $7.500 for a one-year fire insurance policy. The entire $7,500 was debited to prepaid Insurance. 6. $800 of supplies remained on hand at December 31, 2021. 7. A customer paid Pastina $1,500 in December for 1.590 pounds of spaghetti to be delivered in January 2022. Pastina credited 8, On December 1, 2021, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022, at $1,000 per month. The entire amount was debited to prepaid rent deferred sales revenue. Required: Prepare the necessary December 31, 2021, adjusting journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) ! View transaction list View journal entry worksheet General Journal Debit Credit No Transaction