Accrued Revenue: A law firm allows clients to pay on the tenth of every month for services rendered rather than for each visit. Since the last billing cycle, the law firm provided 200 hours of services at $80 per hour. a. Find the amount of accrued revenue the law firm should record at the end of the year. b. Journalize the adjusting entry to record the asset for the accrued revenue. Accrued Expense: A company pays its employees every other Friday, with daily wages of $340, including weekends. The previous payday occurred on Friday, June 24. a. If the company's year ended June 30, what amount should the Wages Payable account on the balance sheet show? b. Journalize the adjusting entry to record the payables accrued.