1. On january 16, 2021, the payroll department processed payroll checks for 300 employees covering the working period from December 25,2020 to january 08, 2021 eeeeeeeeeeee Record the transaction on January 16, 2021: Determine the Accounts of the adjusting entry for the accrual of payroll on Dec 31, 2020 Record the reversing entry on the accrual of payroll on january 01, 2021 Choose from following accounts: Salaries expense, payroll payable, accrued payroll payable 2. The company received 240-day loan with Metrobank amounting to 400,000 on october 02, 2020. The interest on the loan is 6% Record the adjusting entry on December 31, 2020 Record the reversing entry on January 01, 2021 The due date that the loan will be paid to Metrobank? The total interest expense that will be paid to Metrobank? eeeeeeee Choose from the following accounts: Accrued interest payable, Interest expense, Interest Payable