$4.$ On March $1,2024,$ the company lent a supplier $\backslash (\backslash$$ $20,000\backslash ),$ and a note was signed requiring principal and interest at $\backslash (8\backslash \%\backslash )$ to be paid on February $28,2025.$

$5.$ On April $1,2024,$ the company paid an insurance company $\backslash (\backslash$$ $6,000\backslash )$ for a one$-$year fire insurance policy. The entire $\backslash (\backslash$$ $6,000\backslash )$ was debited to prepaid insurance at the time of the payment.

$6.\backslash (\backslash$$ $800\backslash )$ of supplies remained on hand on December $31,2024.$

$7.$ The company received $\backslash (\backslash$$ $2,000\backslash )$ from a customer in December for $1,500$ pounds of spaghetti to be delivered in January $2025.$ Pastina credited deferred sales revenue at the time cash was received.

$8.$ On December $1,2024,\backslash (\backslash$$ $2,000\backslash )$ rent was paid to the owner of the building. The payment represented rent for December $2024$ and January $2025$ at $\backslash (\backslash$$ $1,000\backslash )$ per month. The entire amount was debited to prepaid rent at the time of the payment.

Required:

Prepare the necessary December $31,2024,$ adjusting journal entries.