At the end of the annual accounting period, the adjusting entries for the following items have not been made. You are to provide the 2021 adjusting entry for each item. 1. Unpaid wages for the last two days of December 2021 amounting to $3,200 have not been recorded (disregard payroll taxes). 2. A $4,000, twelve-month, 10% interest-bearing note payable was signed on October 1, 2021. No adjusting entries have been made during the year. ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________

2. The RAS King Restaurant, Bar & Lounge borrowed $500,000 on a 6% one-year, interest-bearing note dated November 1, 2021. The annual accounting period ends on December 31. Assume that adjusting entries are made only at December 31, the end of the company's fiscal year. Provide in good form the journal entries for: A. The note when it is issued. November 1, 2021. B. The adjusting entry. December 31, 2021. C. The payment of interest. October 31, 2022. D The payoff of the note payable. October 31, 2022. ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________