CHA lu evenuc T-account and the additional carned revenue in the Service Revenue T-account. the ending balances of the T-accounts under both approaches, Are they ance the same? 1,150. Problems Group A rnalizing adjusting entries and subsequent journal entries 3A Jo Learning Objective 3 Laug hter Landscaping has collected the following data for the December 31 adjusting entries: . Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This year, December 31 falls on a Tuesday. Laughter will pay its employees on January 3. b. On January 1 of the current year, Laughter purchases an insurance policy that covers two years, $8,000