The following information relates to Anthony Anderson, Property Manager, at the close of the fiscal year ending December 31:

1.		Anthony paid a storage locker facility $310 for next Januarys rent on a locker and charged it to Rent Expense.
2.		On November 1, Anthony signed a three-month, 10% note to borrow $12,720 from Yorkville Bank.
3.		The following salaries and wages are due and unpaid at December 31: sales, $1,355; office clerks, $1,030.
4.		Interest of $570 has accrued to date on a note that Anthony holds from Grant Muldaur.
5.		The estimated loss on bad debts for the period is $1,625.
6.		Stamps and stationery are charged to the Office Expense account when purchased; $105 of these supplies remain on hand.
7.		Anthony has not yet paid the December rent of $1,210 on the building his business uses.
8.		Insurance was paid on November 1 for one year and charged to Prepaid Insurance, $1,008.
9.		Property tax accrued, $1,630.
10.		On December 1, Anthony accepted Alana Zipurskys two-month, 15% note in settlement of her $5,040 account receivable.
11.		On October 31, Anthony received $2,640 from Tareq Giza in payment of six months rent for Gizas office space in the building and credited Unearned Rent Revenue.
12.		On September 1, Anthony paid six months rent in advance on a warehouse, $8,445, and debited the asset account Prepaid Rent.
13.		The bill from Light & Power Limited for December has been received but not yet entered or paid, $445. (Use Utilities Payable.)
14.		The estimated depreciation on equipment is $1,410.

Prepare annual adjusting entries as at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation.

Debit

Credit