Jaguar Auto Company provides general car maintenance to customers. The company's fiscal year-end is December 31. The December 31, 2018, trial balance (before any adjusting entries) appears below. Debits Credits Cash 13,500 13,300 18,500 13,800 78,000 Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Interest Payable Notes Payable Common Stock $20,000 10,300 26,500 8,000 Retained Eanings Dividends Service Revenue 1,300 8,300 215,100 Salaries Expense Depreciation Expense Insurance Expense Supplies Expense Utilities Expense Interest Expense 149,500 10,300 Totals $298,200 $298,200 Information necessary to prepare the year-end adjusting entries appears below. a. Depreciation on the machines for the year is $8,300. b. Employee salaries are paid every two weeks. The last pay period ended on December 23. Salaries eaned from December 24 through December 31, 2018, are S2,300. c. On September 1, 2018, Jaguar borrows $26,500 from alocal bank and signs a note. The note requires interest to be paid annually on August 31 at 12%. The principal is due in five years. d. On March 1, 2018, the company purchases insurance for $13,800 for a one-year policy to cover possible injury to mechanics. The entire $13,800 was debited to Prepaid Insurance at the time of the purchase. e. $3,300 of supplies remains on hand at December 31, 2018 f. On December 30, Jaguar recelves a utility bill of $1,350 for the month. The bill will not be paid until early January 2019, and no entry was recorded when the bill was received. Required: Prepare the necessary adjusting entries on December 31, 2018. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjustment for depreciation. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal