Floozy Corporation had the following selected account balances as of December 31, 2014.

Accounts receivable $250,000

Notes receivable 75,000

Prepaid rent 168,000

Supplies 60,000

Inventory 420,000

Equipment (historical cost) 640,000

Accounts payable 176,000

Salaries payable 15,000

Accumulated depreciation 174,000

The following information was received from Floozy Corporation's accountant. Adjusting entries have not yet been made.

a. It is estimated that $15,000 of accounts will not be collectible. A provision for uncollectible accounts has never been made by Floozy Corporation.

b. Supplies remaining at the end of the year were $37,500.

c. Equipment is depreciated over 20 years with a $60,000 salvage value.

d. Accrued salaries at 12/31/14 were $37,000.

e. The note receivable was signed by the customer on November 1, 2014. It is a 6-month note with an interest rate of 10%, with the principle and interest paid at maturity.

f. Rent paid on August 1, 2014, for 24 months and recorded in a prepaid rent account.

Floozy Corporation does not elect to use the fair value option for any of its financial assets or liabilities.

Prepare the adjusting journal entries necessary for each item. Do not provide any journal explanations. If no entry is necessary, write "no entry."