Jenni Company uses reversing entries to simplify their accounting processes. The company makes adjusting entries only at December 31, the end of their accounting year. Assume that all entries other than adjusting entries, reversing entries and subsequent cash entries have already been recorded. For each of the following situations, prepare the adjusting journal entry label as AJE), the reversing entry (label as RJE and the subsequent cash entry to settle the transaction (label as CASH). If any of these entries is not required, wite No Entry. Do not omit the item. You will have 3 answers for each item, for a total of 9 answers 1. The company obtains all of their utility services from Conway Corp. The cost is usually 5800 per month. The bill for December usage is received on January 5, 2021 and paid January 15th 2. The company accepted a $60.000 consulting project early in December that will last months. They will complete the project by March 31, 2021. However, the client has not been billed and the revenue is unrecorded at year end. On April 15.2021, the company receives the client's 560.000 cash payment 3. The company pays its employees every Monday for the preceding 5-day work week. December 31, 2020 is on a Thursday. New Year's Day is a paid holiday,thus on Monday January 4 2021 the employees will be paid in cash for five days. Total payroll for five days is $20,000