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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.

Account Title	Debits	Credits
Cash	$ 31,400
Accounts receivable	40,200
Supplies	1,600
Inventory	60,200
Notes receivable	20,200
Interest receivable	0
Prepaid rent	1,000
Prepaid insurance	6,200
Office equipment	80,800
Accumulated depreciation		$ 30,300
Accounts payable		31,200
Salaries payable		0
Notes payable		50,200
Interest payable		0
Deferred sales revenue		2,100
Common stock		61,400
Retained earnings		29,000
Dividends	4,200
Sales revenue		147,000
Interest revenue		0
Cost of goods sold	71,000
Salaries expense	19,000
Rent expense	11,100
Depreciation expense	0
Interest expense	0
Supplies expense	1,200
Insurance expense	0
Advertising expense	3,100
Totals	$ 351,200	$ 351,200

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

1. Depreciation on the office equipment for the year is $10,100.
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, 2024, were $800.
3. On October 1, 2024, Pastina borrowed $50,200 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 $20,200, 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 $6,200 for a one-year fire insurance policy. The entire $6,200 was debited to prepaid insurance at the time of the payment.
6. $500 of supplies remained on hand on December 31, 2024.
7. The company received $2,100 from a customer in December for 800 pounds of spaghetti to be delivered in January 2025. Pastina credited deferred sales revenue at the time cash was received.
8. On December 1, 2024, $1,000 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $500 per month. The entire amount was debited to prepaid rent at the time of the payment.

Required:

1 to 3. First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem 2-3 into the appropriate T-accounts (on the T-accounts tab). Then prepare an adjusted trial balance.

\begin{tabular}{|l|r|l|} \hline Interest revenue & & 0 \\ \hline Cost of goods sold & 71,000 & \\ \hline Salaries expense & 19,000 & \\ \hline Rent expense & 11,100 & \\ \hline Depreciation expense & 0 & \\ \hline Interest expense & 0 & \\ \hline Supplies expense & 1,200 & \\ \hline Insurance expense & 0 & \\ \hline Advertising expense & 3,100 & \\ \hline Totals & $351,200 & $361,300 \\ \hline \end{tabular}