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 20,000 Accounts receivable 30,000 Supplies 1,400 Inventory 50,000 Note receivable 10,000 Interest receivable 0 Prepaid rent 2,400 Prepaid insurance 0 Equipment 96,000 Accumulated depreciationequipment 36,000 Accounts payable 21,000 Wages payable 0 Note payable 40,000 Interest payable 0 Unearned revenue 0 Common stock 50,000 Retained earnings 23,700 Sales revenue 138,000 Interest revenue 0 Cost of goods sold 60,000 Wage expense 17,900 Rent expense 13,200 Depreciation expense 0 Interest expense 0 Supplies expense 1,000 Insurance expense 4,800 Advertising expense 2,000 Totals 308,700 308,700 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the equipment for the year is $12,000. 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 $1,400. 3. On October 1, 2013, Pastina borrowed $40,000 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 $10,000 and a note was signed requiring principal and interest at 9% to be paid on February 28, 2014. 5. On April 1, 2013, the company paid an insurance company $4,800 for a two-year fire insurance policy. The entire $4,800 was debited to insurance expense. 6. $900 of supplies remained on hand at December 31, 2013. 7. A customer paid Pastina $1,000 in December for 1,200 pounds of spaghetti to be manufactured and delivered in January 2014. Pastina credited sales revenue. 8. On December 1, 2013, $2,400 rent was paid to the owner of the building. The payment represented rent for December and January 2014, at $1,200 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.)