Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,000. 2. Emplayee salaries are paid twice a month, on the 22 nd for salaries earned from the 1st 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 31,2021 , were $1,500 3. On October 1, 2021. Pastina borrowed $50.000 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. 4. On March 1, 2021, the company lent a supplier $20,000, and a note was signed requiring principal and interest at 8% to be paid on February 28,2022 5. On April 1, 2021, the company paid an insurance company $6.000 for a one-year fire insurance policy. The entire $6.000 was debited to prepaid insurance. 6. $800 of supplies remained on hand at December 31,2021. 7. A customer paid Pastina $2,000 in December for 1,500 pounds of spaghetti fo be delivered in January 2022 . Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,000 per month. The entire amount was debited to prepaid rent. Problem 2-4 (Static) Part 5 5. Prepare closing entries. (Do not round intermediote colculations, Round your final answers to nearest whole dollor. If no entry is required for a porticulor transaction, select "No journal entry required" in the first account field.) Record the entry to close the revenue accounts. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits