The following transactions occurred for the Microchip Company.

On October $1,2024,$ Microchip lent $$95,000$ to another company. A note was signed with principal and $6\%$ interest to be paid on September $30,2025.$

On November $1,2024,$ the company paid its landlord $$10,800$ representing rent for the months of November through January. Prepaid rent was debited at the time of payment.

On August $1,2024,$ collected $$16,800$ in advance rent from another company that is renting a portion of Microchip's factory. The $$16,800$ represents one year's rent and the entire amount was credited to deferred rent revenue at the time cash was received.

Depreciation on office equipment is $$6,100$ for the year.

Vacation pay for the year that had been earned by employees but not paid to them or recorded is $$9,600.$ The company records vacation pay as salaries expense.

Microchip began the year with $$3,600$ in its asset account, supplies. During the year, $$8,100$ in supplies were purchased and debited to supplies. At year$-$end, supplies costing $$4,050$ remain on hand.

Required:

Prepare the necessary adjusting entries at December $31,2024$ for each of the above situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.