Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance as of December 31, 2018, appears below. December 31 is the company's fiscal year-end.

Accounts	Debits			Credits
Cash	$	9,300
Accounts Receivable		8,500
Supplies		1,500
Prepaid Rent		6,000
Equipment		75,000
Accumulated Depreciation				$	10,000
Accounts Payable					6,700
Salaries Payable					0
Interest Payable					0
Utilities Payable					0
Notes Payable					15,000
Common Stock					35,000
Retained Earnings					14,000
Service Revenue					45,000
Salaries Expense		23,500
Interest Expense		0
Rent Expense		0
Supplies Expense		0
Utilities Expense		1,900
Depreciation Expense		0
Totals	$	125,700		$	125,700

Information necessary to prepare the year-end adjusting entries appears below.

a. Depreciation of equipment for the year is $5,000.

b. Accrued salaries at year-end should be $1,600.

c. Crimson Tide borrows $15,000 on September 1, 2018. The principal is due to be repaid in four years. Interest is payable each August 31 at an annual rate of 10%.

d. Unused supplies at year-end total $600. Crimson Tide debits Supplies at the time supplies are purchased.

e. Crimson Tide opens a second studio by paying for one year of rent in advance on April 1, 2018, for $6,000 ($500 per month) debiting Prepaid Rent.

f. Unpaid utilities for December total $100.

Required:

Record the necessary adjusting entries on December 31, 2018. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.)