Birch Park Senior Center has a weekly payroll of $30,000. December 31 falls on Thursday, and Birch Park Senior Center will pay its employees the following Monday (January 4) for the previous full week. Assume Birch Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $560,000. Read the requirements. Requirement 1. Record the adjusting entry for accrued salaries on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31 6,000 Salaries Expense Salaries Payable 6,000 To accrue salaries expense. Requirement 2. Post the adjusting entry to the accounts involved, and show their balances after adjustments. Post the adjustment to the two accounts using a "Dec. 31" posting reference, and then calculate and enter the ending balance of the accounts using a "Bal." posting reference on the appropriate side of each account. Salaries Expense Salaries Payable 6,000| Dec. 31 Unadj. Bal. Dec. 31 560,000 6,000 6,000| Bal. Bal. 566,000 Requirement 3. Record the journal entry for payment of salaries made on January 4. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Jan. 4 Salaries Expense Birch Park Senior Center has a weekly payroll of $30,000. December 31 falls on Thursday, and Birch Park Senior Center will pay its employees the following Monday (January 4) for the previous full week. Assume Birch Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $560,000. Read the requirements. Dec. 31 Jalanes cxpense Salaries Payable O,UUU 6,000 To accrue salaries expense. Requirement 2. Post the adjusting entry to the accounts involved, and show their balances after adjustments. Post the adjustment to the two accounts using a "Dec. 31" posting reference, and then calculate and enter the ending balance of the accounts using a "Bal." posting reference on the appropriate side of each account. Salaries Expense Salaries Payable 6,000 Dec. 31 Unadj. Bal. Dec. 31 560,000 6,000 6,000 Bal. Bal. 566,000 Requirement 3. Record the journal entry for payment of salaries made on January 4. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Jan. 4 Salaries Expense Salaries Payable 6,000 Cash To record salaries paid in advance