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Accrued Labilites Charger lnc had the following items that require adjusting entries at the end of the vear. a. Charger pays its employees $2,500 every

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Accrued Labilites Charger lnc had the following items that require adjusting entries at the end of the vear. a. Charger pays its employees $2,500 every Friday for a 5 -day work week. This year December 31 falls on a Wednesday. b. Charper earned income of $150,000 for the year for tax purposes. Its effective tax rate is 30%. These taxes must be paid by April 15 of next year. c. Charger borrowed $55,000 wh a note poyable dated August 1. This note specifes 10%. The interest and princlpat are due on March 31 of the following year d. Charger's president earns a bonus equal to 10% of inceme in excess of $100,000. Income for the year was $150,000. This bonus is paid in May of the following year and any expense is charged to wages expense. Required: Prepart the odjusting journal entries to record these transactions ot the end of the current vear. If an amount box does not, require an entry, leave it blank. Round all values to the nearest whole doliar

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