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YUHLUWIHUUU! The following information applies to the questions displayed below.) Pastina Company sells various types of pasta to grocery chains as private label brands. The

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YUHLUWIHUUU! The following information applies to the questions displayed below.) 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. Credits Debits 32,000 40,600 1,800 60,600 20,600 0 1,200 6,600 82,400 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expenso Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Total 30,900 31,600 0 50,600 0 2,300 64,200 30,000 4,600 149,000 0 73,000 19,200 11,300 0 0 1,400 0 3,300 358.600 358.600 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,300. 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 $900. 3. On October 1, 2021. Pastina borrowed $50,600 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 $20,600 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022. 5. On April 1, 2021, the company paid an insurance company $6,600 for a one-year fire Insurance policy. The entire $6,600 was debited to prepaid insurance 6. $560 of supplies remained on hand at December 31, 2021. 7. A customer pald Pastina $2,300 in December for 900 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue 8. On December 1, 2021. $1,200 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $600 per month. The entire amount was debited to prepaid rent. Required: 1. & 2. Post the unadjusted balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry in the column next to the amount. Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Cash Accounts Receivable Beg, bal Bog bal. End, bal End, bali Prepaid Ront Prepaid Insurance Beg bal Beg. bal End bal End, bal Inventory Supplies Beg bal Beg bal End, bal End bal Note Receivable Office Equipment Beg, bal. Beg. bal. End. bal. End, bal Interest Receivable Accumulated Depreciation Beg. bal. Beg, bal End. bal. End, bal Accounts Payable Salarios Payable Beg. bal. Beg. bal. End, bal End. bal. Note Payable Interest Payablo Note Payable Interest Payable Beg. bal. Beg. bal. End, bal. End, bal. Deferred Sales Revenue Common Stock Beg. bal. Beg, bal. End. bal. End, bal. Retained Earnings Dividends Beg, bal Beg, bal End, bal End. bal. Sales Revenue Interest Revenue Beg. bal Beg. bal. End, bal. End, bal. Cost of Goods Sold Salaries Expense Beg, bal Beg. bal End, bal. End. bal. Rent Expense Depreciation Expense Beg. bal Beg, bal End, bal End, bal Interest Expense Supplies Expense Beg. bal. Beg. bal. End. bal. End. bal. Insurance Expense Advertising Expense Beg. bal. Beg. bal. End. bal. End. bal

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