Required information [The following information applies to the questions displayed below.] 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 Cash Accounts receivable Supplies Inventory Notes receivable Debits $ 34,100 Credits 42,000 2,500 62,000 22,000 Interest receivable 0 Prepaid rent 1,900 Prepaid insurance 8,000 Office equipment 88,000 Accumulated depreciation 33,000 Accounts payable 33,000 Salaries payable Notes payable 52,000 Interest payable 0 Deferred sales revenue 3,000 Common stock 74,000 Retained earnings 33,500 Dividends 6,000 Sales revenue 156,000 Interest revenue Cost of goods sold 80,000 Salaries expense 19,900 Rent expense 12,000 Depreciation expense 0 Interest expense 0 Supplies expense 2,100 Insurance expense 0 Advertising expense 4,000 $ $ Totals 384,500 384,500 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,000. 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 $1,250. 3. On October 1, 2024, Pastina borrowed $52,000 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 $22,000, and a note was signed requiring principal and interest at 8% to be paid on February 28. 2025. 4. On March 1, 2024, the company lent a supplier $22,000, 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 $8,000 for a one-year fire insurance policy. The entire $8,000 was debited to prepaid insurance at the time of the payment. 6. $770 of supplies remained on hand on December 31, 2024. 7. The company received $3,000 from a customer in December for 1,250 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, $1,900 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $950 per month. The entire amount was debited to prepaid rent at the time of the payment. Required: Prepare the necessary December 31, 2024, adjusting journal entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to nearest whole dollar amount. Answer is not complete. No Transaction General Journal 1 1 Depreciation expense Accumulated depreciation 2 2 Salaries expense Salaries payable Debit Credit 11,00 11,000 1,250 1,250 3 3 Interest expense Interest payable 3 4 4 Interest receivable Interest revenue 3 5 5 Prepaid insurance Insurance expense 6 6 Supplies expense Supplies 3 550X 550X 7 7 Sales revenue 1,250X 8 8 Deferred sales revenue Rent expense 1,250X 950 Prepaid rent 950