FUREN PRINTER VERSION CRACK NEXT Problem 3-03A Demello Associates records adjusting entries on an annual basis. The company has the following formation available on accruals that must be recorded for the year ended December 31, 2021: 1 Demello has a $13,200,6% not receivable with a customer. The customer pays the interest on a monthly basis on the first of the month Asume the customer pays the correct amount each month. 2 Demelle pays its employees a total of $6,200 every second Wednesday. Employees work a live-day week, Monday to Friday, and are paid for all statutory holidays. December 31, 2021, is a Friday. Employees were paid on Wednesday, December 29, 2021, up to the Friday of the prior week 3 Demello has a contract with a customer where provides services prior to billing the customer. On December 31, 2021, the customer od Damello $3,330. Demello bled the customer on January , 2027 and collected the full amount on anary 10, 2022 4. Demello recewed the $515 December utility bill on January 10, 2022. The bill was paid on i due date, Manuary 22, 2022 5 Demello has a $25,200,64 note payable Interest is paid every six months, on October 1 wd April 30. me that Demello made the correct terest payment on April 30, 2001, and October , 2001. Prepare the adjusting journal entries required on December 31, 2021. (Credit account titles are automatically indented when amount is entered the not indent manually. If no estry is require select "No Entry for the account titles and enter for the amount and answers to the nearest whole dollar, 75) No. Date Account Titles and Explanation Debit Credit 1. Dec. 31 2. Dec. 31 3. Dec. 31 c. 1.2009 2020 Sons, Inc. All Rights Reserved. AW ere to search o II 10:59 PM