Chart of Accounts General Journal Instructions Charger Inc. had the following items that require adjusting entries at the end of the year a. Charger pays its employees $4,000 every Friday for a 5-day work week. This year December 31 falls on a Wednesday. b Charger earned income of S790.000 for the year for tax purposes. Its effective tax rate is 35% These taxes must be paid by April 15 of next year c. Charger borrowed $240,000 with a note payable dated August 1 . This note specifies 696. The interest and principal are due on March 31 of the following year d. Charger's president earns a bonus equal to 10% ofincome in excess of S620.000. Income for the year was S790.000. This bonu is paid in May of the following year and any expense is charged to wages expense. Required: Prepare the adjusting journal entries to record these transactions at the end of the current year