The unadjusted trial balance of Pina Colada Inc., at the companys year end of December 31, follows:

PINA COLADA INC. Trial Balance December 31, 2018
		Debit		Credit
Cash		$30,000
Accounts receivable		31,000
Inventory		29,100
Supplies		2,900
Prepaid insurance		3,000
Land		31,000
Buildings		135,000
Accumulated depreciationbuildings				$21,600
Equipment		41,000
Accumulated depreciationequipment				16,400
Accounts payable				35,400
Unearned revenue				4,100
Bank loan payable				145,800
Common shares				12,600
Retained earnings				30,900
Dividends declared		2,000
Sales				265,500
Sales returns and allowances		2,600
Sales discounts		3,500
Cost of goods sold		170,900
Salaries expense		31,900
Utilities expense		4,700
Interest expense		8,100
Income tax expense		5,600
		$532,300		$532,300

Additional information and adjustment data:

1.		The 12-month insurance policy was purchased and was effective February 1, 2018.
2.		There was $757 of supplies on hand on December 31.
3.		Depreciation expense for the year is $5,400 for the buildings and $4,100 for the equipment.
4.		Salaries of $757 are accrued and unpaid at December 31.
5.		Accrued interest expense at December 31 is $700.
6.		Unearned revenue of $1,006 is still unearned at December 31. On the sales revenue that was earned, the cost of goods sold was $2,000.
7.		Of the bank loan payable, $9,228 is payable next year.
8.		Income tax of $480 is due and unpaid.
9.		A physical count of inventory indicates $21,454 on hand at December 31.
10.		Common shares of $3,270 were issued during the year.

Record the required adjusting entries, assuming the company adjusts its accounts annually. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round all answers to nearest dollar.)

Debit Credit Date Account Titles and Explanation Dec. 31 (Insurance expense recorded) (Suppllies expenses recorded) 31 (Depreciation expense for the year recorded) 31 (Salaries expense recorded) (Interest expense recorded) (Unearned revenue recorded) (Cost of goods sold recorded) (Income tax expense recorded) (Adjust inventory balance)