Prepare adjusted journal entry with the following transactions and adjustment data given.

Blue Spruce Corp's unadjusted trial balance at December 1, 2022, is presented below. Debit Credit Cash $43,120 Accounts Receivable 72,128 Notes Receivable 19,600 Interest Receivable 0 Inventory 70,952 Prepaid Insurance 7,056 Land 39,200 Buildings 294,000 Equipment 117,600 Patent 17,640 Allowance for Doubtful Accounts $980 Accumulated Depreciation- Buildings 98,000 47,040 Accumulated Depreciation- Equipment Accounts Payable 53,508 0 Salaries and Wages Payable Question 1 of 1 3.21/20 E 0 21,560 Salaries and Wages Payable Notes Payable (due April 30, 2023) Income Taxes Payable Interest Payable 0 0 Notes Payable (due in 2028) 68,600 Common Stock 98,000 Retained Earnings 124,656 Dividends 23,520 Sales Revenue 1.764,000 0 0 Interest Revenue Gain on Disposal of Plant Assets Bad Debt Expense 0 Cost of Goods Sold 1,234,800 0 Depreciation Expense 0 Income Tax Expense Insurance Expense 0 0 Interest Expense 121,128 Other Operating Expenses Amatization Expanse Question 1 of 1