Information necessary to prepare the year$-$end adjusting entries appears below.

The office equipment was purchased in $2022$ and is being depreciated using the straight$-$line method over a $9-$year useful life with no residual value.

Accrued salaries at year$-$end should be $$5,550.$

The company borrowed $$37,000$ on September $1,2024.$ The principal is due to be repaid in $9$ years. Interest is payable twice a year on each August $31$ and February $28$ at an annual rate of $12\%.$

The company debits supplies when supplies are purchased. Supplies on hand at year$-$end cost $$570.$

Prepaid rent expired during the period is $$13,700.$

Required:

Prepare the necessary December $31,2024,$ adjusting entries.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Do not round intermediate calculations.