Retro Productions Ltd$.$ is a Vancouver$-$based furniture manufacturer. The company reported the following information on its trial balance for $11$ months of the year ended November $30,2021.$ Cash Accounts receivable Inventory Supplies Prepaid rent RETRO PRODUCTIONS LIMITED Trial Balance November $30,2021$ Equipment Accumulated depreciation$-$equipment Accounts payable Deferred revenue Bank loan payable$-$non$-$current Debit $$421,1001,390,0002,780,00039,00014,0001,350,000$ Credit $$35,6251,230,00096,0001,240,000$Retro Productions Ltd$.$ is a Vancouver$-$based furniture manufacturer. The company reported the following information on its tri$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|\}\backslash$hline Common shares & & $600,000\backslash \backslash \backslash$hline Retained earnings & & $\backslash (1,239,275\backslash )\backslash \backslash \backslash$hline DividendsRetro reported the following transactions for the month of December. The company uses a perpetual inventory system and owned Adjustment and additional data:$1.$ Accrued $\backslash (\backslash$$ $6,000\backslash )$ for utilities and $\backslash (\backslash$$ $140,000\backslash )$ for salaries$\mathrm{.}2.$ Accrued $\backslash (\backslash$$ $6$Record the December adjusting entries. $($List all debit entries before credit entries. Credit account titles are automatically$($To record interest expense$)31$Depreciation ExpenseAccumulated Depreciation $-$ Equipment$($To record depreciation expense$)31$