Instructions Garcia Realty Co. pays weekly salaries of $19,250 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday and (b) on Thursday. Refer to the Chart of Accounts for exact wording of account tities Chart of Accounts CHART OF ACCOUNTS Garcia Realty Co. General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment REVENUE 41 Fees Earned EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salaries Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense LIABILITIES 21 Accounts Payable LInaarnad Eaas Chart of Accounts 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salaries Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Salaries Payable 24 Taxes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Joumal (a) Jourmalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday, March 31. Refer to the Chart of Accounts for exact wording of account ities JOURNAL ACCOUNTING EQUATION POST.RF ASSETS LIABILITIES EQUITY djusting Entri (D) Journaize the necessary adjusting entry at the end of the eccounting period, assuming that the period ends on Thursday, March 3t Refer to the Chart of Accounts for exact wording of account les Journal (b) Journalize the necessary adusting entry at the end of the accounting period, assuming that the period ends on Thursday, March 31. Refer to the Chart of Accounts for exact wording of account tdies PAGE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REF CREDIT SSETSLIABIUTIES EQUITY Adjusting Entries