Part B-Questions 1-4 (33 marks, 62 minutes) 6 points 1 00:28:26 Saved The information necessary for preparing the 2024 year-end adjusting entries for Winter Storage appears below. Winter's fiscal year- end is December 31. 1. On October 1, 2024, Winter Storage lent $85,000 to another company. A note was signed with principal and 8% interest to be paid on September 30, 2025. 2. On November 1, 2024, the company paid its landlord $15,000 representing rent for the months of November through January. Prepaid Rent was debited for the entire amount. 3. On August 1, 2024, Winter Storage collected $19,500 in advance rent from another company that is renting a portion of Winter Storage's building. The $19,500 represents one year's rent, and the entire amount was credited to Deferred Revenue. 4. Depreciation for the year is $20,500. 5. Vacation pay for the year that had been earned by employees but not paid to them or recorded is $10,500. The company records vacation pay as Salaries Expense. 6. Winter Storage began the year with $22,000 in its Supplies account. During the year $64,500 in supplies were purchased and debited to the Supplies account. At year-end,supplies costing $24,500 remain on hand. Help Save & Exit Submit Required: Prepare the necessary adjusting entries on December 31, 2024. (Do not round intermediate calculations. 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 1 2 3 456 On August 1, 2024, Winter Storage collected $19,500 in advance rent from another company that is renting a portion of Winter Storage's building. The $19,500 represents one year's rent, and the entire amount was credited to Deferred Revenue. Record the adjusting entry for deferred revenue at its year- Note: Enter debits before credits.