Help me with completing requirement 1.

Required information Penny's Pool Service \& Supply, Incorporated (PPSS) is completing the accounting process for the first year of operations ended on December 31. Transactions during the year have been journalized and posted. The following trial balance reflects the unadjusted balances on December 31 : a. PPSS owed $7,500 in wages to the office receptionist and three assistants for working the last 10 days in December. The employees will be paid early next year. b. On October 1 of the current fiscal year, PPSS received $24,000 from customers who prepaid pool cleaning service for one year beginning on November 1 of the current year c. The company received a $520 utility bill for December utility usage. It will be paid early next year. d. PPSS borrowed $79,000 from a local bank on August 1 , signing a one-year, 12 percent note. The note and interest are due on August 1 of next year. e. On December 31, PPSS cleaned and winterized a customer's pool for $800, but the service was not yet recorded on March 31. f. On November 1 of the current fiscal year, PPSS purchased a two-year insurance policy for $4,200, with coverage beginning on that date. The amount was recorded as Prepaid Expenses when paid. g. On December 31, PPSS had $3,100 of pool cleaning supplies on hand after purchasing supplies costing $25,400 during the year from Pool Corporation, Incorporated. h. PPSS estimated that depreciation on its buildings and equipment was $8,300 for the year. i. At December 31, $110 of interest on investments was earned that will be received in the next year. j. The company's income tax rate for the year was 22 percent. Required: 1. Prepare adjusting entries for Penny's Pool Service \& Supply, Incorporated, on December 31, of the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answer to nearest dollar. Required: 1. Prepare adjusting entries for Penny's Pool Service \& Supply, Incorporated, on December 31 , of the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answer to nearest dollar. Note: Enter debits before credits