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a. On Aptil 1, the company hired an attorney for April for a flat fee of $1,500. Payment for April legal services was made by
a. On Aptil 1, the company hired an attorney for April for a flat fee of \$1,500. Payment for April legal services was made by the company on May 12 b. As of Aphi 30, $2,075 of interest expense has accrued on a note payable. The full interest payment of $6,225 on the note is due on May 20. c. Total weekly salarles expense for all employees is $9,000. This amount is pald 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 paydoy. The next payday is May 3. The above three separate situations require adjusting journal entries to prepare financial statements as of April 30 . For each situation. aresent both the April 30 adjusting entry and the subsequent entry during Miyy to record payment of the accrued expenses. Note: Do not round intermediate cakculations: Journal entry worksheet 23456 On April 1, the company hired an attorndy for Apel for a flat fee of $1,500. Payment for Agril legal services was mode by the company on May 12 . Prepare the required adjusting entry, it any
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