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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

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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 $10,600. 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15 th, and on the 7 th of the following month for salaries earned from the 16 th through the end of the month. Salaries earned from December 16 through December 31,2024 , were $1,050. 3. On October 1, 2024, Pastina borrowed $51,200 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, 2024, the company lent a supplier $21,200, 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 $7,200 for a one-year fire insurance policy. The entire $7.200 was debited to prepaid insurance at the time of the payment. 6. $650 of supplies remained on hand on December 31,2024. 7. The company recelved $2,600 from a customer in December for 1,050 pounds of spaghetti to be delivered in January 2025. Pastina credited deferred sales revenue at the time cash was recelved. 8. On December 1, 2024, $1,500 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $750 per month. The entire amount was debited to prepaid rent at the time of the payment. Required: repare the necessary December 31,2024, adjusting journal entries. lote: If no entry is required for a transaction/event, select "No journal entry required" y in the first account field. Do not round termediate calculations. Round your final answers to nearest whole dollar amount

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