Required Information [The following information applies to the questions displayed below.] Vigeland Company completed the following transactions during Year 1. Vigeland's fiscal year ends on December 31. Jan.15 Purchased and paid for merchandise. The invoice anount was $15,100; assume a perpetual inventory system. Apr. 1 Borrowed $630, eee from Summit Bank for general use; signed a 10-month, 14% annual interest-bearing note for the money. June 14 Received a $23,889 customer deposit for services to be performed in the future. July15 Performed $3,058 of the services paid for on June 14. Dec. 12 Received electric bill for $27,460. Vigeland plans to pay the bill in early January. 31 Determined wages of $13,000 were earned but not yet paid on December 31 (disregard payroll taxes). 2 Prepare the adjusting entries required on December 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 December 31 68.150 66.150 Interest expense Interest payable Utilities payable Utilities payable * O X 13.000 13,000 X