Chart of Accounts General Journal Instructions Prior to adjustment at August 31, Salary Expense has a debit balance of $325,740. Salaries owed but not paid as of the same date total 53,510. Required: Present the entries to record the following: (1) Accrued salaries as of August 31." (2) Closing of Salary Expense as of August 31. "Refer to the Chart of Accounts for exact wording of account titles. Previous Instructions Chart of Accounts Pr CHART OF ACCOUNTS he same date total $3,510 General Ledger ASSETS REVENUE 11 Cash 41 Fees Eamed 12 Accounts Receivable 13 Interest Receivable EXPENSES 14 Prepaid Insurance 15 Notes Receivable 16 Equipment 17 Accumulated Depreciation 51 Salary Expense 52 Depreciation Expense 53 Utilities Expense 54 Insurance Expense 55 Maintenance Expense 56 Income Tax Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable 24 Uneamed Revenue EQUITY 31 Owner, Capital 32 Owner, Drawing Previous Submit Test All work saved. Instructions Chart of Accounts PH General Journal Present the entry to record the accrued salaries as of August 31. Refer to the Chart of Accounts for exact wording of accounts PAGE: JOURNAL DATE DESCRIPTION POST. REK DERIT CREDIT 1 2 Present the entry to record the closing of salary expense as of August 31. Refer to the Chart of Accounts for exact wording of accounties. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT Previous