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. Accounts Debits Credits Cash $ 18,100 Accounts Receivable 16,200 Supplies 20,400 Prepaid Rent 15,000 95,000 Equipment Accumulated Depreciation $ 27,200 10,500 0 0 0 Accounts Payable Salaries Payable Utilities Payable Interest Payable Notes Payable Common Stock Retained Earnings Dividends 40,000 24,000 10,500 2,500 Service Revenue 224,900 158,500 Salaries Expense Depreciation Expense Rent Expense 0 0 0 Supplies Expense Utilities Expense Interest Expense 11,400 0 Totals $337,100 $337,100 Information necessary to 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 anniall An Alinct 21 of 17%. The principal is die in fair unsre Information necessary to 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 1 2 3 4 5 6 Record the adjusting entry for depreciation. Depreciation on the equipment for the year is $13,600. Note: Enter debits before credits. View transaction list Journal entry worksheet