David's Services provides general home maintenance to customers. The company's fiscal year-end is December 31. The December 31, 2021, trial balance (before any adjusting entries) appears below. Credits Debits $ 18,100 16,200 20,400 15,000 95,000 Accounts Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Interest Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense Rent Expense Supplies Expense Utilities Expense Interest Expense Totals $ 27,200 10,500 0 0 0 40,000 24,000 10,500 2,500 224,900 158,500 0 0 11,400 0 $337,100 $337,100 Information necessary prepare the year-end adjusting entries appears below. a. Depreciation on the equipment for the year is $13,600. b. Employees' salaries are paid every two weeks. The last pay period ended on December 23. Salaries earned from December 24 through December 31, 2021, are $4,200. C. On August 1, 2021, David's borrows $40,000 from a local bank and signs a note. The note requires interest to be paid annually on August 31 at 12%. The principal is due in four years. d. On April 1, 2021, the company pays $15,000 for rental equipment for the next 12 months. The entire $15,000 was debited to Prepaid Rent on April 1. e. $3,000 of supplies remains on hand at December 31, 2021. f. On December 30, David's receives a utility bill of $1,900 for the month. The bill will not be paid until early January, 2022, and no entry was recorded when the bill was received. Required: Record the necessary adjusting entries on December 31, 2021. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for depreciation. Depreciation on the equipment for the year is $13,600. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal