(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, 2021, appears below. Credits Debits 35,500 43,000 3,000 63,000 23,000 0 2,500 9,000 92,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods gold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 34,500 34,000 0 53,000 0 3,500 81,000 36,000 7,000 161,000 0 85,000 20,400 12,500 0 0 2,600 0 4,500 403,000 403,000 Information necessary to prepare the year-end adjusting entries appears below. Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,500. 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, 2021, were $1,550. 3. On October 1, 2021, Pastina borrowed $53,000 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, 2021, the company lent a supplier $23,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022. 5. On April 1, 2021, the company paid an insurance company $9,000 for a one-year fire insurance policy. The entire $9,000 was debited to prepaid insurance. 6. $920 of supplies remained on hand at December 31, 2021. 7. A customer paid Pastina $3,500 in December for 1,500 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,500 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,250 per month. The entire amount was debited to prepaid rent. Required: 1. & 2. Post the unadjusted balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Cash 35,500 Accounts Receivable 43,000 Beg. bal. Beg. bal. End. bal. 35,500 End. bal. 43,000 Prepaid Rent 2,500 Prepaid Insurance 9,000 Beg. bal. Beg. bal. End. bal. 2,500 End. bal. 9,000 Supplies 3,000 Inventory 63.000 Beg. bal. Beg. bal. End. bal. 3,000 End, bal 63,000 Note Receivable 23,000 Office Equipment 92.000 Beg. bal. Beg. bal. End. bal. 23,000 End. bal. 92,000 Interest Receivable Accumulated Depreciation 34,500 Beg. bal. Beg. bal. End. bal. End. bal 34,500 Salaries Payable Accounts Payable 34,000 Beg. bal. Beg. bal. End, bal 34,000 End. bal. Note Receivable 23,000 Office Equipment 92.000 Beg. bal. Beg. bal. End. bal. 23,000 End. bal. 92,000 Interest Receivable Accumulated Depreciation 34,500 Beg. bal. Beg. bal. End. bal. End. bal 34,500 Salaries Payable Accounts Payable 34,000 Beg. bal. Beg. bal. End, bal 34,000 End. bal. Interest Payable Note Payable 53,000 Beg. bal. Beg. bal. End, bal 53,000 End. bal. Deferred Sales Revenue 3,500 Common Stock 81,000 Beg. bal Beg. bal. End. bal. 3,500 End. bal. 81,000 Retained Earnings 36,000 Dividends 7,000 Beg. bal. Beg. bal. End. bal. 36,000 End. bal. 7,000 Interest Payable Note Payable 53,000 Beg. bal. Beg. bal. End, bal 53,000 End. bal. Deferred Sales Revenue 3,500 Common Stock 81,000 Beg. bal Beg. bal. End. bal. 3,500 End. bal. 81,000 Retained Earnings 36,000 Dividends 7,000 Beg. bal. Beg. bal. End. bal. 36,000 End. bal. 7,000 Interest Revenue Sales Revenue 161,000 Beg. bal. Beg. bal. End. bal 161,000 End, bal Cost of Goods Sold 85,000 Beg. bal. Beg. bal. Salaries Expense 20,400 1,550 End. bal. 85,000 End. bal. 21,950 Depreciation Expense Rent Expense 12,500 Beg. bal. Beg. bal. 11,500 End. bal. 12,500 End. bal. 11,500 Interest Expense Supplies Expense 2,600 Beg. bal. Beg. bal. End. bal End. bal. 2,600 Insurance Expense Advertising Expense Beg. bal Beg. bal. 4,500 End. bal. End. bal. 4,500 Depreciation Expense Rent Expense 12,500 Beg. bal. Beg. bal. 11,500 End. bal. 12,500 End. bal 11,500 Interest Expense Supplies Expense 2,600 Beg. bal Beg. bal. End. bal. End, bal. 2,600 Insurance Expense Advertising Expense 4,500 Beg. bal. Beg. bal. End, bal End. bal. 4,500