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Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,200; 2. Employee salaries are

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Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,200; 2. Employee salaries are paid twice a month, on the 22 nd for salaries eamed from the ist through the 15 th, and on the 7 th of the following month for salaries earned from the 16 th through the end of the month. Salaries earned from December 16 through December 31,2024 , were $850. 3. On October 1, 2024, Pastina borrowed $50,400 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, 2024, the company lent a supplier $20,400, and a note was signed requiring principal and interest at 8% to be paid on February 28,2025 5. On April 1, 2024, the company paid an insurance company $6.400 for a one-year fire insurance policy. The entire. $6,400 was debited to prepaid insurance at the time of the payment. 6. $530 of supples remained on hand on December 31, 2024 7. The company recelved $2,200 from a customer in December for 850 pounds of spaghetti to be delivered in January 2025. Pastina credited deferred sales revenue at the time cosh was received. 8. On December 1, 2024, $1,100 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $550 per month. The entire amount was debited to prepald rent at the time of the payment. Required: 1 to 3. First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem 2-3 into the appropriate T-accounts (on the Taccounts tab). Then prepare an adjusted trial balance. 4-a. Prepare an income statement for the year ended December 31, 2024. Assume that no common stock was issued during the year and that $4,400 in cash dividends were paid to shareholders during the year. 4-b. Prepare a statement of shareholders' equity for the year ended December 31, 2024. Assume that no common stock was issued during the year and that $4,400 in cash dividends were paid to shareholders during the yeak. 4.c. Prepare a classified balance sheet as of December 31,2024 . Assume that no common stock was issued during the year and that $4.400 in cash dividends were paid to shareholders during the year. 5. Prepare closing entries and post to the T-accounts (on the T-accounts tab). 6. Prepare a post-closing trial balance. Required information [The following information applies to the questions displayed befow.] Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31 . The unadjusted trial balance as of December 31,2024 , appears below Information necessary to prepare the year-end adjusting entries appears below. (1) Required information Prepare a post-closing trial balance. E. Required information Complete this question by entering your answers in the tabs below. Post the unadjusted balances and adjusting entries from requirements 1 to 3 into the appropriate T-accounts on this tab, After ciosing entrios are pref requirement 5, post the closing entries to the T-accounts on this tab, Noter Select the number of the adjusting entry or "closing" in the column next to the amount

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