Consultant Salaries: Kinsey Company hired six consultants on March 10, Year 1. All consultants began working on that same date. The monthly salary amount for these consultants was $4,200 each. Monthly paydays occur on the 20^th for the period then ended. By mutual agreement, the first payday on March 20 was for 1/3 of a month. All paydays involved the proper amounts and were paid on the appropriate dates. In mid-December Year 1, one consultant asked for a one-month advance of her salary for February Year 2. Kinsey agreed to her request and this extra cash was paid to the consultant in the December 20, Year 1, payday. In Year 2, all consultants received a 10% pay raise effective on April 21, Year 2. No new consultants were hired and none left the firm for any reason through the end of Year 2. Year 1 Salary Expense for these consultants?

Prepaid Salaries at December 31, Year 1?

Salaries Payable at December 31, Year 1?

Cash paid for Salaries in Year 1.?

Salaries Expense for Year 2.

Prepaid Salaries at December 31, Year 2.

Salaries Payable at December 31, Year 2

Cash paid for Salaries in Year 2