Totals 4.600 406,700 406,700 eBook Print Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year Is $11,600 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $1,600 3. On October 1, 2021. Pastina borrowed $53,200 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2021, the company lent a supplier $23,200 and a note was signed requiring principal and interest at 8% to 5. on April 1, 2021, the company paid an Insurance company $9.200 for a one-year fire Insurance policy. The entire 6. $950 of supplies remained on hand at December 31, 2021 7. A customer pold Pastina $3,600 in December for 1550 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2,600 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,300 per month The entire amount was debited to prepaid rent. References 5. Prepare closing entries. (If no entry is required for a particular transaction, select "No journal entry required" IA the first account field. Do not round intermediate calculations. Round your final answers to nearest whole dollar.) View transaction list Journal entry worksheet 1 Record the entry to close the revenue accounts. Note: Enter debits before credits. Debit Credit Dato General Journal December 31, 2021 Sales revenue Interest revenue 162,000 Record entry Clear entry View general Journal Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below. Account Title Debits Credits Cash 35,800 Accounts receivable 43,200 Supplies 3,100 Inventory 63,200 Notes receivable 23,200 Interest receivable 0 Prepaid rent 2,600 Prepaid insurance 9,200 office equipment 92,800 Accumulated depreciation 34,800 Accounts payable 34,200 Salaries payable 0 Noton payable 53,200 Interest payable 0 Deferred sales revenue 3,600 Common stock 82,400 Retained earnings 36,500 Dividends 7,200 Sales revenue 162,000 Interest revenue 0 Cost of goods sold 86,000 Salaries expense 20,500 Rent expense 12,600 Depreciation expense 0 Interest expense 0 Supplies expenne 2,700 Insurance expense 0 Advertising expense 4,600 Totals 406,700 406,700 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $11,600. 2. Employee salaries are paid twice a month on the 22nd for ealariae earned team that