#1 Oceanside Realty Co. pays weekly salaries of $3,700 on Friday for a five-day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends (a) on Wednesday, (b) on Thursday? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease. #2 at the end of the current year $41,980 of fees have been earned but have not been billed to clients. a-what is the adjustment to record the accured fees? indcate each account affected whether the account is increased or decreased and the amount of the increase or decrease. b-if the cash basis rather than the accural basis had been used would an adjustment been necessary? explain. #3 at the balance sheet date a business owes a mortgage note payable pf $350,000 the terms of which provide for monthly payments of $7,000. explain how the liability should be classified on the balance sheet