Golf Academy, Incorporated, provides private golf lessons. Its unadjusted trial balance at December $31,2021,$ follows, along with information about selected accounts.

Account Names Debit Credit Further Information

Cash $ $32,400$ As reported on December $31$ bank statement.

Supplies $700$ Based on count, only $$250$ of supplies still exist.

Deferred Revenue $ $2,300$ Of this amount, $$2,000$ was received for December lessons and $$300$ for January lessons.

Salaries and Wages Payable $0$ Employees were paid $$1,500$ for $10$ days of work through December $28.$ They have not yet been paid for work on December $29$ and $30.$

Income Tax Payable $0$ The company has paid last years income tax but not this years tax.

Interest Payable $0$ The company has not paid the $$125$ of interest owed on its notes payable for the current period.

Notes Payable $($long$-$term$)15,000$ This one$-$year note was taken out this year on December $1.$

Common Stock $1,000$ This amount was contributed for common stock in prior years.

Retained Earnings $3,500$ This is the balance reported at the end of last year.

Service Revenue $50,800$ Most customers pay cash for lessons each time they are provided, but some customers pay in advance.

Salaries and Wages Expense $36,600$ Employees worked through December $30$ but did not work on December $31.$

Supplies Expense $2,900$ This is the cost of supplies used through November $30.$

Interest Expense $0$ The company has not paid the $$125$ of interest owed on its notes payable for the current period.

Income Tax Expense $0$ The company has an average tax rate of $20\%.$

Totals $ $72,600$ $ $7600$

CP$4-4($Algo$)$ Part $3$

Prepare the adjusting journal entries that are required at December $31,2021.$