Triple Y Exports Ltd. uses a perpetual inventory system, recording cost of goods sold each time there is a sale, and updating inventory records for each new purchase of goods. The company has the following transactions and events at 31 December 20X5, the end of the accounting period:

1. On 1 November 20X5, Triple Y invested $66,600 excess cash in an interest-bearing investment for a yield of 4%. Interest will be paid at maturity at the end of April 20X6. The investment has been recorded but the interest for the year has not.
2. Triple Y has a term loan from its bank, of $168,000. Interest at the rate of 10% per annum is paid at the end of each month. Interest for December was not paid until 2 January, in an oversight. A payment of $9,300 principal was also paid on 2 January 20X6.
3. At the beginning of 20X5, office supplies inventory amounted to $1,600. At the end of 20X5, a count of inventory showed that there was $2,000 on hand. During 20X5, office supplies amounting to $23,600 were purchased and the inventory account was increased as a result.
4. At the beginning of 20X5, there was a balance of $13,600 in the prepaid insurance account related to a general fire insurance policy that will expire on 1 May 20X6. There was also a prepaid amount of $4,000 relating to vehicle insurance, expiring 28 February 20X5. In 20X5, a six-month vehicle policy costing $12,400 was purchased on March 1, and a further six-month policy costing $4,320 was purchased after the first one expired. The policies purchased in 20X5 were debited to prepaid insurance.
5. A customer returned goods for full credit. The goods have a cost of $1,000 and a retail price of $3,900. The goods had been purchased by the customer on account and correctly recorded on initial sale. When the return was made, inventory was debited and accounts receivable credited for $1,000.
6. The bank statement indicates that the bank, in error, cashed a cheque on the companys bank account in December 20X5 for $2,700. This cheque was written by YYY Exports Ltd., not Triple Y Exports. Triple Y has reported the issue to the bank, and the bank has promised to reverse the amount.
7. The accountant has reviewed the invoices that arrived in early January 20X6. The following items are for goods and services purchased or consumed in December: Target Advertising Limited $2,100, BlueWave Cell Communications, $850, Econ Electricity, $1,700, and Forward Oil, $4,300.
8. The accountant reviewed the invoices that were issued to customers in early January and noted the following sales that took place in December: Customer Lui, $72,300 (cost of goods shipped, $46,400), Customer OGrady, $101,500 (cost of goods shipped, $72,300); and Customer Sami, $31,100 (cost of goods shipped, $17,200). Neither the sale nor the product removed from inventory was recorded in December.
9. There was a payroll of $61,000 paid on 3 January; this covered the period of 30 December to 3 January.
10. A tenant in the administration building pays $1,800 rent per month. The tenant paid one years rent on 1 March 20X5. The cash received was credited to rental revenue at that time.

Required: Give the adjusting entry (or entries) that should be made on 31 December 20X5, for each item. Prepare any reversing entries that might be appropriate. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculations.)

1 Record the interest receivable. 2 Record the interest expense. 3 Record the supplies expense. 4 Record the insurance expense paid in advance. Record the entry for goods returned by the customer originally sold on account. 6 Record the entry for bank error. 7 Record the advertising, Communication and heating expense payable. 8 Record the sales on account. 9 Record the cost of goods sold on account. 10 Record the wages expense. 11 Record the rental revenue