The following transactions occurred during December 31, 2021, for the Microchip Company 33 & cum 1. On October 1, 2021, Microchip lent $94,000 to another company. A note was signed with principal and 10% interest to be paid on September 30, 2022 2.On November 1, 2021, the company paid its landlord $10,500 representing rent for the months of November through January Prepaid rent was debited. 3. On August 1, 2021, collected $16,500 in advance rent from another company that is renting a portion of Microchip's factory. The $16,500 represents one year's rent and the entire amount was credited to deferred rent revenue 5. Vacation pay for the year that had been corned by employees but not paid to them or recorded is $9,500. The company records vacation pay as salaries expense 6. Microchip began the year with $3,500 in its asset account, supplies. During the year, 58,000 in supplies were purchased and debited to supplies. At year-end, supplies costing $4,000 remain on hand. Prepare the necessary adjusting entries for each of the above situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded. Of no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction lit Journal entry worksheet