Consider the following situations Click the icon to view the situations) Assume the company records adjusting entries monthly Journalize the adjusting entries needed as of January 31. (Record debits frst, then credits. Select the explanation on the last line of the journal entry table ) a. Business receives $3,200 on January 1 for 10-month service contract for the period January 1 through October performed evenly each month throughout the term of the contract XI More Info Date Accounts and Explanation Debit Credit . 31 a. Business receives $3,200 on January 1 for 10-month service contract for the period January 1 through October 31. (Assume services are performed evenly each month throughout the term of the contract b. Total salaries for all employees is $3,600 per month. Employees are paid on the 1st and 15th of the month c. Work performed but not yet billed to customers for the month is $1,600 d. The company pays interest on its S 16000, 4% note payable of S53 on the b. Total salaries for all employees is $3,600 per month. Employees are paid on the 1st and 15th of the month first day of each month Accounts and Explanation Credit Jan. 31 Choos e trom any list or enter any number in the input fields and then continue to the next