[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 36,100 43,400 3,200 63,400 23,480 2,700 9,400 93,600 35, 100 34,400 53,400 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 sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 3,700 83,800 37,000 7,480 163,000 87,000 20,600 12,700 2,800 4,700 410,400 410,400 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11.700. 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 $1,650. 3. On October 1, 2021. Pastina borrowed $53,400 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 $23,400 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 $9,400 for a one-year fire insurance policy. The entire $9,400 was debited to prepaid insurance, 6. $980 of supplies remained on hand at December 31, 2021 7. A customer paid Pastina $3,700 in December for 1,600 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,700 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,350 per month. The entire amount was debited to prepaid rent wuuli vu. 2 Required information Cash Accounts Receivable art 1 of 3 Beg bal Bog bal Ints End bal End, bal Prepaid Rent Prepaid Insurance eBook Beg bal Beg bal Print End bal End bal References Supplies Inventory Beg bal Beg bal End bal End. bal Note Receivable Office Equipment Bog bal Beg bal End, bal End bal Interest Receivable Bog, bal Beg bal Accumulated Depreciation 35.100 11,700 End bal End bal 46.800 Accounts Payable Salaries Payable Bog, bal Beg bal Mc GEOW Prev End, bal End bal Deferred Sales Revenue Common Stock Beg bal Beg bal End bal End. bal Retained Earnings Dividends Beg bal Beg bal End, bal End, bal Sales Revenue Interest Revenue Bog, bal Beg bal End, bal End, bal Cost of Goods Sold Salaries Expense Bog bal Beg bal End, bal End, bal Rent Expense Depreciation Expense Beg bal Bog, bal End, bal. End, bal. Interest Expense Supplies Expense Beg. bal. Beg. bal. End, bal End, bal Insurance Expense Advertising Expense Beg. bal Beg bal. End, bal End, bal [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 36,100 43,400 3,200 63,400 23,480 2,700 9,400 93,600 35, 100 34,400 53,400 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 sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 3,700 83,800 37,000 7,480 163,000 87,000 20,600 12,700 2,800 4,700 410,400 410,400 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11.700. 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 $1,650. 3. On October 1, 2021. Pastina borrowed $53,400 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 $23,400 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 $9,400 for a one-year fire insurance policy. The entire $9,400 was debited to prepaid insurance, 6. $980 of supplies remained on hand at December 31, 2021 7. A customer paid Pastina $3,700 in December for 1,600 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,700 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,350 per month. The entire amount was debited to prepaid rent wuuli vu. 2 Required information Cash Accounts Receivable art 1 of 3 Beg bal Bog bal Ints End bal End, bal Prepaid Rent Prepaid Insurance eBook Beg bal Beg bal Print End bal End bal References Supplies Inventory Beg bal Beg bal End bal End. bal Note Receivable Office Equipment Bog bal Beg bal End, bal End bal Interest Receivable Bog, bal Beg bal Accumulated Depreciation 35.100 11,700 End bal End bal 46.800 Accounts Payable Salaries Payable Bog, bal Beg bal Mc GEOW Prev End, bal End bal Deferred Sales Revenue Common Stock Beg bal Beg bal End bal End. bal Retained Earnings Dividends Beg bal Beg bal End, bal End, bal Sales Revenue Interest Revenue Bog, bal Beg bal End, bal End, bal Cost of Goods Sold Salaries Expense Bog bal Beg bal End, bal End, bal Rent Expense Depreciation Expense Beg bal Bog, bal End, bal. End, bal. Interest Expense Supplies Expense Beg. bal. Beg. bal. End, bal End, bal Insurance Expense Advertising Expense Beg. bal Beg bal. End, bal End, bal