ences For each of the following transactions (a) through (d) for Catena's Marketing Company, prepare the adjusting entry at the end of the current year, December 31. The process includes (1) determining if revenue was earned or an expense was incurred and (2) determining whether cash was received or paid in the past or will be received or paid in the future. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to nearest whole dollar value. a. Estimated electricity usage at $310 for December, to be paid in January of next year. b. On September 1 of the current year, loaned $5,500 to an officer who will repay the loan principal and interest in one year at an annual interest rate of 13 percent c. Owed wages to 16 employees who worked five days at $280 each per day at the end of the current year. The company will pay employees at the end of the first week of next year. View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a Utilities expense 310 Utilities payable 2 b Interest receivable 3 C Wages payable 310