The following seven situations apply to Snoopy Electronics, Inc. for the year ended $12/31/21.$ Make any adjusting entries required at $12/31/2021$ for each situation. Financial Statements are prepared annually only. Please show your work for all situations.

$1.$ The employees work Monday through Friday. The total gross wages for the bi$-$weekly pay period ended Friday, January $2,2022,$ is $$36,000.$

$2.$ On August $1,2021,$ the company received an advance payment of $$125,000$ on a construction project. The total amount received was credited to the Construction Revenue account. On December $31,2021,$ it was estimated that $62\%$ of the job was completed.

$3.$ The company borrowed $$75,000$ at $7(1)/(2)\%$ interest on September $1,2021,$ with principal and interest due on May $1,2022.$

$4.$ On November $1,2021,$ Snoopy Electronics received a $$38,000,$ nine$-$month note bearing interest at an annual rate of $6\%$ from Woodstock, Inc. for services provided by Snoopy Electronics.

$5.$ The supplies account $($an asset$)$ for Snoopy Electronics had a beginning balance of $$822.$ During the year, $$1,650$ of supplies was purchased and debited to the supplies account. Journalize the adjusting entry required on December $31$st assuming the amount of supplies on hand is $$1,143.$

$6.$ Snoopy Electronics purchased a $3-$year fire insurance policy on August $1,2021,$ for $$16,200$ and debited the premium to insurance expense.

$7.$ On October $1,2021,$ Snoopy Electronics paid $$45,000$ for the annual rent on a warehouse. The prepaid rent account was debited when the cash was paid.