in.com/ext/map/index.html7_conscon&external browser=05 haunchUrl=http:%:253456352F%252Fimamheducation.com%252Fmghmiddle_ Chapter 2 & 3 ) Help Save & Exit Check my Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,800 2. Employee salaries are paid twice a month, on the 2and for salaries earned from the ist 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 18 through December 31, 2024, were $1,150 3. On October 1, 2024, Pastine borrowed $51,600 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, 2024, the company lent a supplier $21,600, and a note was signed requiring principal and Interest at 8% to be pold on February 28, 2025, 5. On April 1. 2024, the company pold an Insurance company $7600 for a one-year fire insurance policy. The entire $7600 was debited to prepold insurance at the time of the payment 6. $710 of supplies remained on hand on December 31, 2024. 7. The company received $2.800 from a customer in December for 1150 pounds of spaghetti to be delivered in January 2025. Pasting credited deferred sales revenue at the time cash was received. B. On December 1. 2024. $1,700 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $850 per month. The entire amount was debited to propaid rent at the time of the payment. Required 1 to 3. First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem 2-3 into the appropriate Traccounts (on the T-accounts tab) Then prepare on adjusted Trial balance. 4-a. Prepare an income statement for the year ended December 31, 2024. Assume that no common stock was haved during the your and that $5.600 in cash dividends wore pold to shareholders during the year. 4:b. Prepare a statement of shareholders' equity for the year ended December 31, 2024, Assume that no common stock was based thison the year mori that $5 6090 in resh dadlands more maid to shareholders dining the year Maxt > Like A LLJ.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252 Chapter 2 & 3 1 Saved Pastina Company sells various types of pasta to grocery chains as private label brand year-end is December 31. The unadjusted trial balance as of December 31, 2024, app Account Title Debits Credits Cash $ 33,500 Accounts receivable 41, 600 Supplies 2,300 Inventory 61, 608 Notes receivable 21, 600 Interest receivable Prepaid rent 1, 780 Prepaid insurance 7,680 Office equipment 86,400 Accumulated depreciation $ 32, 400 Accounts payable 32, 608 Salaries payable Notes payable 51, 600 Interest payable Deferred sales revenue 2,806 Common stock 71,280 Retained earnings 32, 508 Dividends 5,609 Sales revenue 154,000 Interest revenue Cost of goods sold 78, 809 Salaries expense 19,700 Rent expense 11,800 Depreciation expense Interest expense Supplies expense 1, 909 Insurance expense AdvertIsing expense 3, BOD Totals $ 377, 100 $ 377, 100 arch Links+ education.com/ext/map/index.html?_coneconverternal browser. 08launchUrl=hips%: 153A562526- 252-Imamheducation.com# 252/irighmiddle_ 12 towork - Chapter 2 4 3 0) Help Save & Exit Check my wa from December 16 through December 31, 2024, were $1.150 3. On October 1. 2024, Pasting borrowed $51600 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 to years 4. On March 1. 2024, the company lent a supplier $21600, and a note was signed requiring principal and interest at Bit to be paid on February 28, 2025, 5. On April 1, 2024, the company paid an insurance company $7600 for s one-year fire Insurance policy. The endre $7600 was debited to prepaid insurance at the time of the payment. 6. $710 of supplies remained on hand on December 31, 2024. 7. The company received $2,800 from a customer in December for 1150 pounds of spaghetti to be delivered in January 2035. Pastina credited deferred sales revenue at the time cash was receheld. 3, On December 1, 2024, $1,700 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2025 at $050 per month. The entire amount was debited to prepaid rent at the time of the payment Required: 1 10 3. First post the unadjusted balances from the unadjusted tripl balance that was given and the sojusting entries that were made in Problem 2:3 into the appropriate T-accounts for the T-accounts tab) Then prepare an adjusted piel belongs. 4-a. Prepare an income statement for the year ended December JI, 2024. Assume inat no common stock was haued during the year and that $5.600 in cash dividends were pold to shareholders during the year, 4.b. Prepare in sMoment of shareholdery equity for the your ended December 31 2024 Assume that so common stock was issued during the your and that $5,600 in cash dividends were paid to shareholders during the word 4-e. Prepare a classified balance shoot as of December 31, 2024. Assume that no common stock was baued during the your and that $5,600 in engh dividands were paid to shareholders during the year B. Prepare closing entries and post to the T-accounts for the T-accounts toby 6. Prepare a post-closing trial balance to bearch LIJ 3 LL