Below are three independent and unrelated errors.

a. On December 31, 2020, Wolfe-Bache Corporation failed to accrue salaries expense of $1,800. In January 2021, when it paid employees for the December 27January 2 workweek, Wolfe-Bache made the following entry:

Salaries expense	2,520
Cash		2,520

b. On the last day of 2020, Midwest Importers received a $90,000 prepayment from a tenant for 2021 rent of a building. Midwest recorded the receipt as rent revenue. The error was discovered midway through 2021.

c. At the end of 2020, Dinkins-Lowery Corporation failed to accrue interest of $8,000 on a note receivable. At the beginning of 2021, when the company received the cash, it was recorded as interest revenue.

Required: Required 2

Prepare any journal entries each company should record in 2021 to correct the errors. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

No	Transaction	General Journal	Debit	Credit
A	a	Retained earningsselected answer correct
		Inventoryselected answer incorrect