Consider the following situations:

View the situations.

Assume the company records adjusting entries monthly. Journalize the adjusting entries needed as of January $31.($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

a$.$ Total salaries for all employees is $$4,100$ per month. Employees are paid on the $1$ st and $15$ th of the month.

b$.$ Work performed but not yet billed to customers for the month is $$1,000.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Jan$.31],[,$H$,,],[,,,],[,40\mathrm{.}20,,],[,,,]]$

c$.$ The company pays interest on its $$20,000,5\%$ one$-$year notes payable on the first day of each month.

Date

Accounts and Explanation

Debit

Credit

Jan. $31$