Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31,2024 , appears below. Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,900. 2. Employee saiarles are paid twice a month, on the 22 nd for salaries earned from the 1 st through the 15 th, and on the 7 th of the following month for salarles earned from the 16th through the end of the month. Salaries earned from December 16 through December 31,2024 , were $1,750. 3. On October 1, 2024, Pastina borrowed $53,800 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, 2024, the company lent a supplier $23,800, and a note was signed requiring principal and interest at 8% to be paid on February 28,2025 . 5. On April 1, 2024, the company paid an insurance company $9,800 for a one-year fire Insurance pollcy. The entire $9,800 was debited to prepaid Insurance at the time of the payment. 6. $1,040 of supplles remained on hand on December 31,2024. 7. The company recelved $3,900 from a customer in December for 1,700 pounds of spaghetti to be dellvered in January 2025. Pastina credited deferred sales revenue at the time cash was recelved. 8. On December 1, 2024, $2,900 rent was paid to the owner of the bullding. The payment represented rent for December 2024 and January 2025 at $1,450 per month. The entire amount was debited to prepaid rent at the time of the Requlred: Prepare the necessary December 31,2024 , adjusting journal entrles. Note: If no entry is required for a transactlon/event, select "No Journal entry required" in the first account fleld. Do not round ntermedlate calculations. Round your final answers to nearest whole dollar amount. Journal entry worksheet 2345678 Notes Enter debits before credits. equired: repare the necessary December 31,2024 , adjusting journal entries. lote: If no entry is required for a transaction/event, select "No Journal entry required" In the first account fleld. Do not round itermedlate calculations. Round your final answers to nearest whole dollar amount. Journal entry worksheet 1 Salaries earned from December 16 through December 31,2024 were $1,750 and will be paid on January 7,2025 . Prepare the necessary adjusting entry on December 31,2024 . Note: Enter debits before credits. Journal entry worksheet 5678 On October 1, 2024, Pastina signed a $53,800 note that requires interest to paid annually on September 30 at 12% and will have principal due in 10 years. Prepare the necessary adjusting entry on December 31,2024. Note: Enter debits before credits. Required: Prepare the necessary December 31,2024 , adjusting journal entrles. Note: If no entry is required for a transaction/event, select "No Journal entry required" In the Intermediate calculatlons. Round your final answers to nearest whole dollar amount. Journal entry worksheet On March 1, 2024, the company lent $23,800. The note required principal and interest at 8% be paid on February 28, 2025. Prepare the necessary adjusting entry on December 31, 2024. Note: Enter debits before credits. Journal entry worksheet On April 1, 2024, the company paid $9,800 for a one-year fire insurance policy and debited the entire amount to prepaid insurance. Prepare the necessary adjusting entry on December 31,2024. Note: Enter debits before credits. Journal entry worksheet 1234 Supplies on hand at December 31,2024 were $1,040. Prepare the necessary adjusting entry on December 31,2024. Note: Enter debits before credits. Journal entry worksheet Pastina credited deferred sales revenue for $3,900 received in December for spaghetti to be delivered in January 2025. Prepare the necessary adjusting entry on December 31,2024. Note: Enter debits before credits. Journal entry worksheet 1256 On December 1,2024,$2,900 rent was paid for December and January 2025 , at $1,450 per month. The entire amount was debited to prepaid rent. Prepare the necessary adjusting entry on December 31,2024 . Note: Enter debits before credits
