Pastina Company sells various types of pasta to grocery chains as private label brands The companys reporting year end is December 31 The unadjusted trial balance as of December 31, 2021, appears below Account Title Debits Credits Cash 36,000 Accounts receivable 43,000 Supplies 3,000 Inventory 63,000 Notes receivable 23,000 Interest receivable 0 Prepaid rent 2,000 Prepaid insurance 7,500 Office equipment 92,000 Accumulated depreciation 34,500 Accounts payable 34,000 Salaries payable 0 Notes payable 53,000 Interest payable 0 Deferred sales revenue 3,500 Common stock 79,500 Retained earnings 36,000 Dividends 7,000 Sales revenue 161,000 Interest revenue 0 Cost of goods sold 85,000 Salaries expense 20,400 Rent expense 12,500 Depreciation expense 0 Interest expense 0 Supplies expense 2,600 Insurance expense 0 Advertising expense 4,500 Totals 401,500 401,500 Information necessary to prepare the year end adjusting entries appears below Depreciation on the office equipment for the year is $11,500 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 month Salaries earned from December 16 through December 31, 2021, were $1,500 On October 1, 2021, Pastina borrowed $53,000 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 On March 1, 2021, the company lent a supplier $23,000 and a note was signed requiring principal and interest at 8 to be paid on February 28, 2022 On April 1, 2021, the company paid an insurance company $7,500 for a two year fire insurance policy The entire $7,500 was debited to prepaid insurance $800 of supplies remained on hand at December 31, 2021 A customer paid Pastina $1,500 in December for 1,590 pounds of spaghetti to be delivered in January 2022 Pastina credited deferred sales revenue On December 1, 2021, $2,000 rent was paid to the owner of the building The payment represented rent for December 2021 and January 2022, at $1,000 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 )

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Pastina Company sells various types of pasta to grocery chains as private label brands. The companys reporting year-end is December 31. The unadjusted trial balance

Pastina Company sells various types of pasta to grocery chains as private label brands. The companys reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below.

Account Title	Debits		Credits
Cash		36,000
Accounts receivable		43,000
Supplies		3,000
Inventory		63,000
Notes receivable		23,000
Interest receivable		0
Prepaid rent		2,000
Prepaid insurance		7,500
Office equipment		92,000
Accumulated depreciation				34,500
Accounts payable				34,000
Salaries payable				0
Notes payable				53,000
Interest payable				0
Deferred sales revenue				3,500
Common stock				79,500
Retained earnings				36,000
Dividends		7,000
Sales revenue				161,000
Interest revenue				0
Cost of goods sold		85,000
Salaries expense		20,400
Rent expense		12,500
Depreciation expense		0
Interest expense		0
Supplies expense		2,600
Insurance expense		0
Advertising expense		4,500
Totals		401,500		401,500

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

Depreciation on the office equipment for the year is $11,500.
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 month. Salaries earned from December 16 through December 31, 2021, were $1,500.
On October 1, 2021, Pastina borrowed $53,000 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.
On March 1, 2021, the company lent a supplier $23,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.
On April 1, 2021, the company paid an insurance company $7,500 for a two-year fire insurance policy. The entire $7,500 was debited to prepaid insurance.
$800 of supplies remained on hand at December 31, 2021.
A customer paid Pastina $1,500 in December for 1,590 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.
On December 1, 2021, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022, at $1,000 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.)