For the information below, prepare in the space provided any adjusting journal entry necessary to bring the accounts up to date as of December 31, 2020, the fiscal year-end of Brady, Inc. If no entry is required, write clearly "NO ENTRY". On December 28, 2020, Jamaica Inc. received an order for merchandise with a retail value of $38,000. The order was delivered on December 30,2020 , to the customer who would pay on January 7,2021 . The cost of the merchandise to Jamaica Inc. is $16,000. No recording was made regarding the order. On December 31, 2020, Jamaica Inc. identified that Sales Revenue recorded to date included $3,000 of customer pre-payments for parking stalls rental between january and March 2021. During the last few days of December 2020 , employees have earned wages of $8,400 which will be paid on January 6,2021 . These salaries have not yet been recorded by Jamaica Inc. The building has an estimated useful life of 14 years. Brady Inc. expects that the residual value of the building at the end of its useful life will be $56,000. Depreciation expenses have not yet been recorded for the current year. All purchases of supplies have been recorded as increases to Supplies Inventory. A physical count of Supplies Inventory on December 31,2020 , revealed that supplies costing $5,300 was still on hand. No entry has been made to adjust the balance of Supplies Inventory. All purchases of supplies have been recorded as increases to Supplies Inventory. A physical count of Supplies Inventory on December 31,2020 , revealed that supplies costing $5,300 was still on hand. No entry has been made to adjust the balance of Supplies Inventory