The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances: Credits Debits $ 42,500 26,700 111.800 Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earnings Totals 15,400 31,000 101,000 33,600 $181,000 181,000 The following is a summary of the transactions for the year: 1. January 12 Provide services to customers on account, $63,400. 2. February 25 Provide services to customers for cash, $75,800. 3. March 19 Collect on accounts receivable, $45,800. 4. April 30 Issue shares of common stock in exchange for $31,000 cash. 5. June 16 Purchase supplies on account, $12,300. 6. July 7 Pay on accounts payable, $11,400. 7. September 30 Paysalaries for employee work in the current year, $65,200. 8. November 22 Pay advertising for the current year, $22,600. 9. December 30 Pay $3,000 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,600 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,600 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,400 Record adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,600 and will be paid January 1, 22. Accrued salaries at year-end amounted to $1,600 and will be paid on January 5, 2022. Supplies remaining on hand at the end the year equal $2,400. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first 5. Record adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,600 and will 2022. Accrued salaries at year-end amounted to $1,600 and will be paid on January 5, 2022. Supplies remair of the year equal $2,400. (If no entry is required for a particular transaction/event, select "No Journal Entry account field.) View transaction list Journal entry worksheet