a. Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This year December 31 falls on a Tuesday. Laughter will pay its employees on January 3. b. On January 1 of the current year, Laughter purchases an insurance policy that covers two years, $8,000. C. The beginning balance of Office Supplies was $4,300. During the year, Laughter purchased office supplies for $5,600, and at December 31 the office supplies on hand total $1,500. d. During December, Laughter designed a landscape plan and the client prepaid $6,500. Laughter recorded this amount as Unearned Revenue. The job will take several months to complete, and Laughter estimates that the company has earned 40% of the total revenue during the current year. e. At December 31, Laughter had earned $3,000 for landscape services completed for Turnkey Appliances. Turnkey has stated that it will pay Laughter on January 10. f. Depreciation for the current year includes Equipment, $3,000; and Trucks, $2,200. g. Laughter has incurred $250 of interest expense on a $550 interest payment due on January 15. Date Accounts and Explanation Debit Credit Dec. 31 Salaries Expense Salaries Payable To accrue salaries expense. Accounts and Explanation Cate Act and Explanation Choose from any list any number in the connue to the next question comence pas 52.000 Las P mpany rea Accounts and Explanation Creat no pays. any 2. umat the categy Longwon dansey's Account and Explanation | DONE Credit Debit Loving home or interact expenses a 1,000 per due on January 15, Jounetize the subsequent JOLEN Accounts and Explanation Credi www 4800 4800