The following is Sunland Tours Limited's unadjusted trial balance at its year end, November 30, 2021. The company adjusts its accounts annually. Debit Credit Cash $15,700 Accounts receivable 7,140 Supplies 880 Prepaid rent 2,600 Prepaid insurance 7,920 Equipment 12,400 $ 3,100 Accumulated depreciation equipment Vehicles 132,600 44,200 Accumulated depreciation-vehicles 1,910 Accounts payable 13,900 Deferred revenue 54,000 Bank loan payable, due 2024 Common shares 10,000 Retained earnings 29,240 Fees earned 127,935 Salaries expense 74,600 Repairs and maintenance expense 10,080 Rent expense 14,300 Interest expense 3,465 Advertising expense 900 Income tax expense 1,700 $284,285 $284,285 Additional information: 1. The insurance policy has a one-year term beginning April 1, 2021. At that time, a premium of $7,920 was paid. 2. . The equipment was acquired on December 1, 2018, and has an estimated useful life of eight years. The vehicles were acquired on December 1, 2018, and have an estimated useful life of six years. The company uses straight-line depreciation. 3. A physical count shows $280 of supplies on hand at November 30. 4. The bank loan payable has a 7% interest rate. Interest is paid on the first day of each following month, and was last paid on November 1. 5. Deposits of $1,390 each were received for advance tour reservations from 10 school groups. At November 30, all of these deposits have been earned. 6. Employees are owed a total of $540 at November 30. 7. A senior citizens' organization that had not made an advance deposit took a river tour for $1,240. This group was not billed until December for the services performed. 8. Additional advertising costs of $290 have been incurred, but the bills have not been received by November 30. 9. On November 1, the company paid $2,600 rent in advance for November and December. 10. Income tax payable for the year is estimated to be an additional $320 beyond that recorded to date. Prepare the adjusting journal entries required at November 30. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Sr Date Account Titles and Explanation no. Debit Credit 1. Nov. 30 2. Nov. 30 3. Nov. 30 I 4. Nov. 30