Appendix 2 EX 4-30 Adjusting and reversing entries On the basis of the following data, (a) journalize the adjusting entries at December 31, the end of the current fiscal year, and (b) journalize the reversing entries on January 1, the first day of the following year: Sales salaries are $2,350 per day for a five-day workweek, ending on Friday. The last pay- day of the year was Friday, December 26. 2. Accrued fees earned but not recorded at December 31, $51,300