D 14 Excalibur Corporation sells video games for personal computers. The unadjusted trial balance as of December 31, 2024, appears below December 31 is the company's reporting year-end. The company uses the perpetual inventory system Cash Accounts receivable Supplies Prepaid rent Inventory office equipment Accumulated depreciation Accounts payable Salaries payable Retained earnings Dividends Cast of goods sold Interest expense Salaries expense 32,300 2,300 27,000 60,000 40,000 $10,00 $3,000 12,558 8,00 Supplies expense Utilities panse Totals 32,50 M $340,550 Information necessary to prepare the year-end adjusting entries appears below 1. The office equipment was purchased in 2022 and is being deprecated using the straight line method over a yew setul e with no residual value 2. Accrued salaries at year-end should be $4,950 3. The company borrowed $33.000 on September 1, 2024 The principal is due to be reped in 8 years, interest a payable twice a year on each August 31 and February 28 at an annual rate of 50% 4. The company debit supplies when supplies are purchased. Supplies on hand at year-end cost $530 5. Prepaid rent expired during the period is $13.300 Required: Prepare the necessary December 31, 2024, edjusting entries Note: If no entry is required for a transaction/event, select "No journal entry required" in the first eccount field. De nut round intermediate calculations