eet Hournal entry work: S screamed TVssage 53 6 etv F G Search or type URL Problem 3-4B Record adjusting entries (LO3-3) Grasshopper Lawn Service provides general lawn maintenance to customers. The company's fiscal year-end is December 31 Information necessary to prepare the year-end adjusting entries appears below. 1. On October 1, 2021, Grasshopper lent $130,000 to another company. A note was accepted with principal and 8% interest to be received on September 30, 2022 2. On November 1, 2021, the company paid its landlord $28,500 representing rent for the months of November through January, Prepaid Rent was debited for the entire amount 3. On August ( 2021. Grasshopper collected $33,000 in advance rent from another company that is renting a portion of Grasshopper's building. The $33,000 represents one year's rent, and the entire amount was credited to Deferred Revenue. 4. Depreciation for the year is $25,000 5. Vacation pay for the year that had been earned by employees but not paid to them or recorded is $15,000. The company records vacation pay as Salaries Expense. 6. Grasshopper began the year with $31000 in its Supplies account. During the year $69,000 in supplies were purchased and Gebited to the Supplies account. At year-end supplies costing $29,000 remain on hand Required: Prepare the necessary adjusting entries on December 31, 2021. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Prov 1 of 3 Next > tv