Earnings Prepare the journal entries to record transactions (a) through (). Then prepare the necessary adjustin correctly report net income for the period. Then record the closing entry as of December 31. (If no ent transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 ***** 8 9 10 11 12 13 17 Depreciation for 2021, $1. Record the adjusting entry. Note: Enter debits before credits. Date December 31, 2021 General Journal Debit Credit Record entry Clear entry View general journal