Pastina Company manufactures and sells various types of pasta to grocery chains as private label brands. The companys fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2013, appears below.

Account Title	Debits			Credits
Cash		22,000
Accounts receivable		32,000
Supplies		1,500
Inventory		52,000
Note receivable		12,000
Interest receivable		0
Prepaid rent		2,000
Prepaid insurance		0
Equipment		80,000
Accumulated depreciationequipment					30,000
Accounts payable					23,000
Wages payable					0
Note payable					42,000
Interest payable					0
Unearned revenue					0
Common stock					52,000
Retained earnings					13,940
Sales revenue					140,000
Interest revenue					0
Cost of goods sold		62,000
Wage expense		18,100
Rent expense		11,000
Depreciation expense		0
Interest expense		0
Supplies expense		1,100
Insurance expense		5,040
Advertising expense		2,200
Totals		300,940			300,940

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

1.	Depreciation on the equipment for the year is $10,000.
2.	Employee wages are paid twice a month, on the 22nd for wages earned from the 1st through the 15th, and on the 7th of the following month for wages earned from the 16th through the end of the month. Wages earned from December 16 through December 31, 2013, were $1,500.
3.	On October 1, 2013, Pastina borrowed $42,000 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, 2013, the company lent a supplier $12,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2014.
5.	On April 1, 2013, the company paid an insurance company $5,040 for a two-year fire insurance policy. The entire $5,040 was debited to insurance expense.
6.	$800 of supplies remained on hand at December 31, 2013.
7.	A customer paid Pastina $1,200 in December for 1,260 pounds of spaghetti to be manufactured and delivered in January 2014. Pastina credited sales revenue.
8.	On December 1, 2013, $2,000 rent was paid to the owner of the building. The payment represented rent for December and January 2014, at $1,000 per month.

Required:

Prepare the necessary December 31, 2013, adjusting journal entries. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.Do not round intermediate calculations. Round your answers to the nearest dollar amount.)