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Please help I am very confused with the T-accounts! Pastina Company sells various types of pasta to grocery chains as private label brands. The company's

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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, 2021, appears below. Credits Debits 34,300 42,200 2,600 62,200 22,200 2,100 8,200 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 Common stock Retained earnings Dividends Sales revenue 33,300 33,200 0 52,200 3,100 75,400 34,000 6,200 157,000 81,000 20,000 12,100 0 Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 2,200 4,100 388,200 388,200 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 month. Salaries earned from December 16 through December 31, 2021, were $1,300. 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 8% to be paid on February 28, 2022. 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 month. Salaries earned from December 16 through December 31, 2021, were $1,300. 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 8% to be paid on February 28, 2022. 5. On April 1, 2021, the company paid an insurance company $8,200 for a one-year fire insurance policy. The entire $8,200 was debited to prepaid insurance. 6. $800 of supplies remained on hand at December 31, 2021. 7. A customer paid Pastina $3,100 in December for 1,300 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,100 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,050 per month. The entire amount was debited to prepaid rent. Required: 1. & 2. Post the unadjusted 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.) Answer is not complete. Cash Accounts Receivable Beg. bal. Beg. 34,300 bal. 42,200 End. bal. 34,300 End. bal. 42,200 Prepaid Rent Prepaid Insurance Beg. bal. 2,100 0X Beg. bal. 5. 8. > x 5,325 X Required information Prepaid Rent Prepaid Insurance Beg. Beg. bal. 2,100 bal. 0 x 8. 5. X 5,325 End. bal. 2,100 End. bal. 5,325 Supplies Inventory Beg. bal. 2,600 Beg. bal. 62,200 1,700 6. Required information Supplies Inventory Beg. 2,600 Beg. bal. 62,200 bal. 1,700 X 6. End. bal. 900 End. bal. 62,200 Note Receivable Office Equipment Beg. bal. 22.200 Beg. bal. 88,800 Interest Receivable Accumulated Depreciation 0 Beg. bal. 4. Beg. bal. 33,300 1,665 11,100 1. > End. End. bal. 1,665 44,400 bal. Accounts Payable Salaries Payable Beg. bal. 33,200 Beg. bal. 0 1,400 X 2. > End End Accounts Payable Salaries Payable Beg. 33,200 Beg. bal. 0 bal. 1,400 X 2. End. pal. 33,200 End. bal. 1,400 Note Payable Interest Payable Beg. pal. Beg. bal. End. End. Required Information Note Payable Interest Payable Beg. bal. Beg. bal. End. bal. End. bal. Deferred Sales Revenue Common Stock Beg. bal. Beg. bal. Fnd End Required information Retained Earnings Dividends Beg. bal. Beg. bal. End. bal. End. bal. Sales Revenue Interest Revenue Beg. Beg. bal. bal. Sales Revenue Interest Revenue Beg. Beg. bal. bal. End. bal. End. bal. Cost of Goods Sold Salaries Expense Beg. bal. Beg. bal. End End Cost of Goods Sold Salaries Expense Beg. bal. Beg. bal. End. bal. End. bal. Rent Expense Depreciation Expense Beg. bal. Beg. bal. Fnd End

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