The information necessary for preparing the 2024 year-end adjusting entries for Whiteclaw Training Academy appears below. Whiteclaws fiscal year-end is December 31. At the end of the year, the academy calculated that it owed $6,300 in income taxes. Those taxes wont be paid until next April 15. Salaries earned (but not paid) from December 16 through December 31, 2024, are $3,300. On March 1, 2024, Whiteclaw lends an employee $16,500. The employee signs a note requiring principal and interest at 8% to be paid on February 28, 2025. On April 1, 2024, Whiteclaw pays an insurance company $12,360 for a two-year fire insurance policy. The entire $12,360 is debited to Prepaid Insurance at the time of