E4-3 (Static) Recording Adjusting Entries LO4-1 Dodie Company completed its first year of operations on December 31. All of the year's entries have been recorded except for the following: a. At year-end, employees earned wages of $4,000, which will be paid on the next payroll date in January of next year. b. At year-end, the company had earned interest revenue of $1,500. The cash will be collected March 1 of the next year. Required: 2. Prepare the required adjusting entry for transactions (a) and (b). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 No Transaction a. Wages expense Wages payable 2 b. Interest receivable Interest revenue Answer is complete and correct. General Journal Debit Credit 4,000 4,000 1,500 1,500