roblems Grasshopper Lawn Service provides general lawn maintenance to customers. The company's fiscal year-end is December 31. Information necessary to prepare the year-end adjusting entries appears below. 1. On October 1, 2021, Grasshopper lent $115,000 to another company. A note was accepted with principal and 8% interest to be received on September 30, 2022. 2. On November 1, 2021, the company paid its landlord $24,000 representing rent for the months of November through January. Prepaid Rent was debited for the entire amount. 3. On August 1, 2021, Grasshopper collected $28,500 in advance rent from another company that is renting a portion of Grasshopper's building. The $28,500 represents one year's rent, and the entire amount was credited to Deferred Revenue. 4. Depreciation for the year is $23,500. 5. Vacation pay for the year that had been earned by employees but not paid to them or recorded is $13,500. The company records vacation pay as Salaries Expense. 6. Grasshopper began the year with $28,000 in its Supplies account. During the year $67,500 in supplies were purchased and debited to the Supplies account. At year-end supplies costing $27.500 remain on hand. Required: D Prepare the necessary adjusting entries on December 31, 2021. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)