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, 2021, appears below. Credits Debit 34,000 42,200 2,600 62,200 22,200 0 2,400 7,100 88,800 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Comon stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totale 33,300 JJ, 200 0 52,200 0 3,100 74,300 34,000 6,200 157,000 0 81,000 20,000 12.100 0 0 2,200 0 4,100 387,100 387,100 Information necessary to prepare the year-end adjusting entries appears below Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,100. 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the monthSalaries earned from December 15 through December 31, 2021. were $1,400 3. On October 1, 2021. Pastina borrowed $52,200 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, 2021, the company lent a supplier $22,200 and a note was signed requiring principal and interest at 9% to be pald on February 28, 2022. 5. On April 1, 2021 , the company paid an insurance company $7100 for a one-year fire insurance policy. The entire $7,100 was debited to prepaid insurance. 6 $900 of supplies remained on hand at December 31, 2021. 7. A customer paid Pastina $1,900 in December for 1,566 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue 8. On December 1, 2021. $2,400 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022, at $1,200 per month. The entire amount was debited to prepaid rent Required: Prepare the necessary December 31, 2021, adjusting Journal entries. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) View transaction flat Journal entry worksheet