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time lolowing ormation applies to the questions displayed below Pastina Company sells varlous types of pasta to grocery chains as private label brands. The company's

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time lolowing ormation applies to the questions displayed below Pastina Company sells varlous types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2018, appears below its Credits ccoun Cash 45,300 59,000 1,900 78,000 30,300 Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertining expense Totals 2,800 96,000 36,000 38,000 72,300 60,000 23,500 238,000 107,100 20,400 15,400 1,400 6,400 3,800 467,800 467,800 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreclation on the office equipment for the year is $12,000. 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages carned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the 3. On October 1, 2018, Pastina borrowed $72,300 from a local bank and signed a note. The note requires interest to be 4. On March 1, 2018, the company lent a 5. On April 1, 2018, the company paid an insurance company $6,400 for a two-year fire insurance policy. The entire 6. $1,010 of supplies remained on hand at December 31.2018. month. Salaries and wages earned from December 16 through December 31, 2018, were $1,700. paid annually on September 30 at 12%. The principal is due in 10 years. be paid on February 28, 2019. $6,400 was debited to insurance expense. supplier $30,30 and a note was signed requiring principal and interest at 8% to

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