Journalize and pos adjusting journal entries. Begin by preparing the adjusting journal entries. AJE1: At December 31, interest in the amount of $4,200 has accrued on the note payable but has not yet been recorded. This amount will be paid on January 31, 2023. January 18: The owners invested $ 170 comma 000 (the par value of the stock) into the business and acquired 34 comma 000 shares of common stock in return. bullet February 1: Longshore bought factory equipment in the amount of $ 72 comma 000. The company took out a long-term note from the bank to finance the purchase. bullet February 28: The company paid cash for rent to cover the 12-month period from March 1, 2022, through February 28, 2023, in the amount of $ 15 comma 000. bullet March 1: Longshore purchased supplies in the amount of $ 32 comma 000 on account. bullet March 22: Longshore recorded sales revenue in the amount of $ 60 comma 000. Half of this amount was received in cash and half was paid on account. Ignore cost of goods sold. bullet May 1: Longshore received cash payments to pay off all the customer accounts. bullet May 29: The company paid wages of $ 37 comma 000 in cash. bullet July 12: Longshore recorded sales revenue in the amount of $ 190 comma 000, all of which was paid in cash. Ignore cost of goods sold. bullet July 31: Longshore paid $ 5 comma 040 cash for interest on the note taken out on February 1. bullet August 8: Longshore paid off the balance owed to a supplier for the purcha