Joumalize the adfusting enity needed on December 31, the company/s year-end, for each of the folowifng indengendent casms afficting Goy Commaricalions Ci. (Click the icon to viow the independent cases.) a. Each Friday the company pays its employees for the current week's work. The amount of the payroil is 517 , 000 for a five-fay wonnoeck. The airnet zcocurting period ef Rocord the acorual for salaries at December 31. (Record debits first, then credits. Enter explanations on the last line of the journak) b. Guy has received notes receivabie from some clients for profeselonal services. During the current year, Guy has easmed interest revenue of st ow0, ahicti ill be teo Fecord the interest revenue earned during the cuftent year. a. Each Friday the company pays its employees for the current week's work. The amount of the payroll is $17,000 for a five-day workweek. The current accounting period ends on Monday. b. Guy has received notes receivable from some clients for professional services. During the current year, Guy has earned interest revenue of $2,600, which will be received next year. c. The beginning balance of Supplies was $5,000. During the year, the company purchased supplies costing $9,200, and at December 31 the inventory of supplies remaining on hand is $3,400. d. The company is developing a wireless communication system for a large company, and the client paid Guy $120,000 at the start of the project. Guy recorded this amount as Unearned Consulting Revenue. The development will take several months to complete. Guy executives estimate that the company has eamed seventy percent of the total fee during the current year. e. Amortization for the current year includes Ofice. Furniture, \$12,000; and Design Equipment, $320,000. Make a compound entry. Hint: this means to show everything in one journal entry and not two. f. Details of Prepaid Insurance are shown in the account: supplies costing $9.200, and at December 31 the inventory of supplies remaining on hand is $3,400. d. The company is developing a wireless communication system for a large company, and the client paid Guy $120,000 at the start of the project. Guy recorded this amount as Uneamed Consulting Revenue. The development will take several months to complete. Guy executives estimate that the company has earned seventy percent of the total fee during the current year. e. Amortization for the cufrent year includes Office Furniture, $12,000; and Design Equipment, $320,000. Make a compound entry. Hint: this means to show everything in one joumal entry and not two. f. Details of Prepaid Insurance are shown in the account: Guy Communications prepays a full year's insurance on January 2. Record insurance expense for the year ended December 31 as one annual adjustment for what was used for the year. (For your convenience, the descriptions of the transactions shown in this pop-up have been fully integrated into the directions for each journal entry so you may now close the pop-up while solving this problem.)