Pastina Company sells various types of pasta to grocery chains as private label bran December 31. The unadjusted trial balance as of December 31, 2018, appears below- Credits Debits 39,900 46,000 1,250 66,000 19,500 0 1,500 70,000 26,250 25,000 0 49,500 0 Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 60,000 17,500 178,000 80,100 16,500 8,250 750 4,000 2,500 356,250. 356, 250 Information necessary to prepare the year-end adjusting entries appears below. 1 Donrocintion on the office equinment for the year is $8.750. Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $8,750. 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $1,050. 3. On October 1, 2018, Pastina borrowed $49,500 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. 2018, the company lent a supplier $19,500 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019. 5. On April 1, 2018, the company paid an insurance company $4,000 for a two-year fire insurance policy. The entire $4,000 was debited to insurance expense. 6. $650 of supplies remained on hand at December 31, 2018. 7. A customer paid Pastina $1,260 in December for 1,050 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue. 8. On December 1, 2018. $1,500 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $750 per month. Cash Accounts Receivable Beg. bal. Beg. bal. End. bal. End bal Prepaid Rent Prepaid Insurance Beg. bal. Beg. bal. End, bal End bal Supplies Inventory Beg. bal. Beg. bal. End. bal End. bal. Note Receivable Office Equipment Beg. bal. Beg. bal. End, bal. End. bal. Interest Receivable Accumulated Depreciation Office Equipment Beg. bal. Beg. bal. End. bal. End. bal. Accounts Payable Salaries and Wages Payable Beg. bal. Beg. bal. End, bal. End. bal Note Payable Interest Payable Beg. bal. Beg. bal. End. bal. End bal. Deferred Revenue Common Stock Beg. bal. Beg. bal. End. bal. End bal. Retained Earnings Sales Revenue Beg bal. Beg. bal. End. bal. End, bal. Interest Revenue Cost of Goods Sold Beg. bal Beg bal. End. bal. End bal. Salaries and Wages Expense Rent Expense Beg bal. Beg bal. End. bal. End. bal. Depreciation Expense Interest Expense Beg. bal. Beg bal End bal End bal. Supplies Expense Insurance Expense Beg. bal. Beg. bal. End. bal. End. bal. Advertising Expense Beg. bal. End. bal