Please provide written out solution

P 2-5 Adjusting entries CL02-6 Howarth Company's reporting year-end is December 31. Below are the unadjusted and adjusted trial balances for December 31, 2021. Unadjusted Adjusted Account Title Debits Credits Debits Credits Cash 50,000 50,000 Accounts receivable 35,000 35,000 2,000 1,200 Prepaid rent Supplies 1,500 800 Inventory 60,000 60,000 Notes receivable 30,000 30,000 Interest receivable -0- 1,500 45,000 45,000 Office equipment Accumulated depreciation 15,000 21,500 Accounts payable 34,000 34,000 Salaries payable -0- 6,200 Notes payable 50,000 50,000 Interest payable -0- 2,500 Deferred rent revenue 2,000 -0- Deferred rent revenue 2,000 -0- Common stock 46,000 46,000 Retained earnings 20,000 20,000 Sales revenue 244,000 244,000 Rent revenue 4,000 6,000 Interest revenue -0- 1,500 Cost of goods sold 126,000 126,000 Salaries and wages expense 45,000 51,200 Rent expense 11,000 11,800 Depreciation expense -0- 6,500 Supplies expense 1,100 1,800 Interest expense 5,400 7,900 Advertising expense 3,000 3,000 Totals 415,000 415,000 431,700 431,700 Required: Prepare the adjusting journal entries that were recorded at December 31, 2021