Gym on Wheels Gym on Wheels provides gymnastics lessons at various daycare centers. The transactions for the year 2000 have been recorded in the accounting system. This assignment requires you to prepare adjusting entries for December 2000 Dec. 31 The note payable of $8,000 has been outstanding since July 1, 2000. Under the terms of the note, the note plus interest (12%) is to be paid on July 1, 2001. No interest has been recorded on the note. Dec. 31 Instructors' salaries of $2,000 for December will be paid in January Dec. 31 December fees of $160 will be collected in January Dec. 31 $85 will be paid in January for advertising in December. DATE ACCOUNT DEBIT CREDIT 2000 Dec. 31 Dec. 31 Dec. 31 Dec. 31