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.
Information necessary to prepare the year-end adjusting entries appears below.

Depreciation on the office equipment for the year is $11,200.
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 $1,350.
On October 1, 2021, Pastina borrowed $52,400 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.
On March 1, 2021, the company lent a supplier $22,400 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.
On April 1, 2021, the company paid an insurance company $8,400 for a one-year fire insurance policy. The entire $8,400 was debited to prepaid insurance.
$830 of supplies remained on hand at December 31, 2021.
A customer paid Pastina $3,200 in December for 1,350 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.
On December 1, 2021, $2,200 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,100 per month. The entire amount was debited to prepaid rent.

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.)

The unadjusted balances and adjusting entries are posted into the appropriate t-accounts of Pastina Company on December 31, 2021 as shown below.

T-Ledger accounts:

1. Debit Depreciation Expense $11,200

Credit Accumulated Depreciation on Office Equipment $11,200

2. Debit Salaries Expense $1,350

Credit Salaries Payable $1,350

3. Debit Interest Expense $1,572

Credit Interest Payable $1,572 ($52,400 x 12% x 3/12)

4. Debit Interest Receivable $1,493

Credit Interest Income $1,493 ($22,400 x 8% x 10/12)

5. Debit Insurance Expense $6,300

Credit Prepaid Insurance $6,300 ($8,400 x 9/12)

6. Debit Supplies Expense $1,470

Credit Supplies $1,470 ($2,300 - $830)

7. No adjustment required

8. Debit Rent Expense $1,100

Credit Prepaid Rent $1,100

Data and Analysis:

1. Depreciation Expense $11,200 Accumulated Depreciation on Office Equipment $11,200

2. Salaries Expense $1,350 Salaries Payable $1,350

3. Interest Expense $1,572 Interest Payable $1,572 ($52,400 x 12% x 3/12)

4. Interest Receivable $1,493 Interest Income $1,493 ($22,400 x 8% x 10/12)

5. Insurance Expense $6,300 Prepaid Insurance $6,300 ($8,400 x 9/12)

6. Supplies Expense $1,470 Supplies $1,470 ($2,300 - $830)

7. No adjustment required

8. Rent Expense $1,100 Prepaid Rent $1,100

Learn more about posting adjusting entries to the ledger at https://brainly.com/question/16912764

1. Explain how 'Returns to Scale' and 'Law of Diminishing Returns' would affect cost in a manufacturing company.​

What report in QuickBooks Online will show whether a client was profitable for a specific period?

a. Balance Sheet
b. A/R Aging report
c. Profit & Loss
d. Trial Balance

state the relationship between AR and MR​

Scenario: 500 units of a product are being manufactured and the question to be answered is whether or not to perform a particular test on those units before shipping. The test costs $10,000 per unit to perform. The cost not to perform the test is $0 per unit, but if a unit fails in the field then it will have to be fixed in the field, which has a cost of $350,000 per unit.
If the units are tested, for the units that pass the test, there is now an additional cost of re-readying the units for delivery of $2,000 per unit. For the units that fail the test, there is now an additional cost of $21,000 to fix the units, as well as the $2,000 per unit cost of re-readying them for delivery, for a $23,000 total cost per unit.
Historically you know and can count on the fact that 96% of your products will pass the testing. The same pass/fail rate for testing applies to the pass/fail rate observed in the field.
To fully complete this assignment, you need to answer or perform the following:
The math and resulting values you are expected to fill in to show the completion of the decision tree.
Be sure to fill in the last two values: what is the Expected Monetary Value for both performing the test and not performing the test?
Which choice should be made? Be sure to include with your submission an answer to whether the test should be performed or not, and give a short answer why.

what are the reasons for looting in South Africa other than politics​

define desire and want​

what is the most employment intensive sector of the economy
​

THREE reasons except politics for the looting of shops,malls and the destruction of business property in GAUTENG and KwaZulu Natal​

In its proposed 2020 income statement, Hrabik Corporation reports income before income taxes $493,000, income taxes $172,550 (not including unusual items), loss on operation of discontinued music division $58,000, gain on disposal of discontinued music division $38,000, and unrealized loss on available-for-sale securities $151,000. The income tax rate is 35%.

Prepare a correct statement of comprehensive income, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)

A decision strategy is a sequence of decisions and chance outcomes, where the decisions chosen depend on the yet to be determined outcomes of chance events.

a. True
b. False

...Its lil/MAKAYLA/HOMAN/HUMAN/PERSON/TEEN/KID/IDFK

WHAAAATS 2+8

Analyzing the accounting equation at the end of the month will reveal the following. Select all that apply. Multiple select question. revenues and expenses will change the equity account assets and liabilities will be reported on the income statement assets

An employee that has unpaid bills might exhibit the following fraud factor: __________a. Rationalization b. Pressure c. Opportunity

What type of appliances are technicians certified to charge and open after passing the Type I examination?

how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?
​

Answer these four questions in complete sentences.
You may choose from the strengths covered in this activity. If you would like more options, type
"entrepreneur strengths" or "entrepreneur qualities" into your favorite search engine.
1. What are your top five strengths?
2. How will these strengths help you as an entrepreneur?
3. What are two areas of focus for you?
4. How will focusing on these areas help you as an entrepreneur?