Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2018, appears below.

Account Title	Debits		Credits
Cash	40,600
Accounts receivable	44,000
Supplies	1,150
Inventory	64,000
Note receivable	17,700
Interest receivable	0
Prepaid rent	1,300
Prepaid insurance	0
Office equipment	66,000
Accumulated depreciationoffice equipment			24,750
Accounts payable			23,000
Salaries and wages payable			0
Note payable			47,700
Interest payable			0
Deferred revenue			0
Common stock			60,000
Retained earnings			16,500
Sales revenue			168,000
Interest revenue			0
Cost of goods sold	75,600
Salaries and wages expense	15,900
Rent expense	7,150
Depreciation expense	0
Interest expense	0
Supplies expense	650
Insurance expense	3,600
Advertising expense	2,300
Totals	339,950		339,950

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

Depreciation on the office equipment for the year is $8,250.

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 $950.

On October 1, 2018, Pastina borrowed $47,700 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, 2018, the company lent a supplier $17,700 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019.

On April 1, 2018, the company paid an insurance company $3,600 for a two-year fire insurance policy. The entire $3,600 was debited to insurance expense.

$590 of supplies remained on hand at December 31, 2018.

A customer paid Pastina $1,140 in December for 950 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue.

On December 1, 2018, $1,300 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $650 per month.

Required:

1. & 2. Post the opening balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations. Round your final answers to nearest whole dollar.)

1. & 2. Post the opening balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations. Round your final answers to nearest whole dollar.) 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