Help Save& Exit Submit Check my work 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, 2018, appears below. count Title Cash Accounts receivable Supplies 31,000 41,000 1,600 61,000 21,000 Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance office equipment Accumulated depreciation-office equipmen Accounts payable Salaries and wages payable Note payable 2,200 88,000 33,000 32,000 51,000 Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Ront expense Depreciation expense 61,000 32,320 149,000 71,000 19,000 12,100 1,200 6,120 3,100 Supplies expense Insurance expense Advertising expense 358,320 358,320 Totals Check my work Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $%11,000. mployee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the ist through the 15th, and on the 7th of the following month for salaries and wages earned from the 1 earned from December 16 through December 31, 2018, were $1,600. 6th through the end of the month. Salaries and wages 3. On October 1, 4, on March 1, 2018, the company lent a supplier $21,000 and a note was signed requiring principal and interest at 8% to be paid on 5. On April 1, 2018, the company paid an insurance company $6.120 for a two-year fire insurance policy. The entire $6,20 was debited 6. $700 of supplies remained on hand at December 31, 2018. 2018, Pastina borrowed $51,000 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. February 28, 2019. to insurance expense 7. A customer paid Pastina $2,100 in December for 1,930 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue On December 1, 2018, $2.200 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $1,100 per month. 8. Required: mber 31, 2018, adjusting journal entries. (If no entry is required for a transaction/event, select 'No journal entry required" in the first account field. Do not round intermediate calculations.)