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a. On April 1, the company hired an attorney for a flat monthly fee of $1,500. Payment for April legal services was made by the

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a. On April 1, the company hired an attorney for a flat monthly fee of $1,500. Payment for April legal services was made by the company on May 12 b. As of April 30, $2,178 of interest expense has accrued on a note payable. The full interest payment of $6,533 on the note is due on May 20 c. Total weekly salaries expense for all employees is $9,000. This amount is paid at the end of the day on Friday of each five-day workweek. April 30 falls on a Tuesday, which means that the employees had worked two days since the last payday. The next payday is May 3. 16 The above three separate situations require adjusting journal entries to prepare financial statements as of April 30. For each situation, present both the April 30 adjusting entry and the subsequent entry during May to record payment of the accrued expenses. (Do not round intermediate calculations.) NO Answer is complete but not entirely correct. General Journal Salaries expense 93 Salaries payable 3 Date Apr 30 Credit 1 Debit 1,500 1,500 2 May 12 Salaries payable Cash 1,500 1,500 ol 3 Apr 30 2178 Interest expense Interest payable 2,178 4 May 20 Interest expense Interest payable Cash 4,355 2.178 6,533 5 Art en TUUTTU euide dicuidons.) Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 Apr 30 1,500 Salaries expense Salaries payable 1,500 2 May 12 Salarios payable Cash 1,500 1,500 3 Apr 30 2,178 Interest expense Interest payable 2,178 4 May 20 Interest expense Interest payable Cash 4,355 2,178 0 6,533 5 Apr 30 4,645 Salaries expenso Salaries payable 4,645 6 May 03 > Salarios expense Salaries payable Cash 4,355 3 4,645 9,000

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