Help Sa [The following information applies to the questions displayed below.] Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 20 appears below. Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Debits Credits 41,300 42,000 $1,050 62,000 15,900 e 1,100 62,000 23,250 21,000 45,900 Interest pa Deferred on stock Retained earnings 60,000 15,500 158,000 Cost goods sold 71,100 wages expense 15,300 Rent expense Depreciation expense Interest Supplies expense Insurance expense 6,050 penise 0 550 3,200 2,100 Advertis Totals expense 323,650 323,650 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $7,750. 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $850. 3. On October 1, 2018, Pastina borrowed $45,900 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2018, the company lent a supplier $15,900 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019. 5. On April 1, 2018, the company paid an insurance company $3,200 for a two-year fire insurance policy. The entire $3,200 was debited to insurance expense. 6. $530 of supplies remained on hand at December 31, 2018. 7. A customer paid Pastina $1,020 in December for 850 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue. 8. On December 1, 2018, $1,100 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $550 per month. represented rent for December 2018 and January 2019, at $550 per month. Help Required: 1. & 2. Post the opening balances and adjusting entires into the appropriate t-accounts. (Enter ther adjusting entry in the column next to the amount. Do not round intermediate calculations. Rous answers to nearest whole dollar.) Cash Beg bal 41,300 Accounts Receivable Beg bal 42,000 End bal 41,300 End bal 42.000 Prepaid Rent Prepaid Insurance Beg bal 1.100 550 Beg bal O 5. 3.200 End bal 550 End bal 3,200 Supplies Inventory Beg bal 1.500 530 Beg bal 62,000 < Prev 2 3 4 6 of 7 Next > OL R 5 T 10 Y & 27 U s 19 H 94 L onn 9 0 9 P 14 Txbor Required information Beg bal Note Receivable 15,900 Beg bal Office Equipment 62.000 Help End. bal 15.900 End. bal 62.000 Interest Receivable Accumulated Depreciation-Office Equipment Beg bal Beg bal End. bal. End. bal. Accounts Payable Salaries and Wages Payable Beg bal Beg bal End bal End bal Note Payable Interest Payable 9 < Prev 2 3 4 6 of 7 Next > R 96 5 T LL G 50 OL 49 I B 00 K O onn 10 L P EL Tx 565 33 3 Required information End bal End bal. Note Payable Interest Payable Beg bal Beg bal End. bal. End bal Deferred Revenue Common Stock Beg bal Beg bal End. bal. End. bal Retained Earnings Sales Revenue Beg bal Beg bal + 3 E R C F 0 9 -a B I K onn 11 O NM < P 1 Exter SHIRL Required information End. bal End bal Interest Ravenue Cost of Goods Sold Beg bal Beg bal End bal End bal Salaries and Wages Expense Rent Expense Beg bal Beg bal End. bal. End bal Depreciation Expense Interest Expense Beg bal Beg. bal End bal < Prev D 5 O R T Y F 9 & 37 H C End bal. 2 3 6 of 7 Next > 61 9 O MG 01 onn L P Required information End bal End bal Supplies Expense Insurance Expense Beg bal Beg bal End bal Beg bal Advertising Expense 2.100 End bal 2.100 2 5 R R T 6 End bal < Prev 2 3 4 6 of 7 OL F G T 9 onn *10 B O O K P P 44 A Next > Exter