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Accrued Ualities Charger Inc. had the following items that require adjusting entries at the end of the year. a. Charger pays its employees $2,400 every

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Accrued Ualities Charger Inc. had the following items that require adjusting entries at the end of the year. a. Charger pays its employees $2,400 every Friday for a 5-day work week. This year December 31 falls on a Wednesday, b. Charger earned income of $180,000 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 $95,000 with a note payable dated August 1. This note specifies 10%. The interest and principal are doe on March 31 of the following year. d. Charger's president earns a bonus equal to 10% of income in excess of $100,000. Income for the year was $180,000. This bonus is paid in May of the following year and any expense is charged to wages expense Required: Prepare the adjusting journal entries to record these transactions at the end of the current year. If an amount box does not require an entry, leave a blank. Round all values to the nearest whole dollar (Record accrued wages) D. (Record accrued income taxes) (Record accrued interest) d. 88 (Record accrued wages)

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