Journal Entries Infinity Contracting uses the accrual basis of accounting. The company's fiscal year end is May 31 The company adjusts accounts annually Required: Using the information provided below, prepare journal entries to: (a) Record the original transactions (b) Record the necessary year-end (May 31, 2019) adjustments . (c) Record the June 8, 2019 payment of employee salaries Explanations for journal entries are not required. All journal entries should be written in whole dollars (ie: no decimals i cents shown), so you must round to the nearest whole dollar. (Example: $268.12 and $267.85 would be rounded to $268) Question 13 (5 points) Saved Employee salaries are $7.000 per week (five-day work week, Monday to Friday) Employees are paid every two weeks, on every second Friday The last payday was on Friday, May 25 which paid for the following days May 14 - 18 and May 21 25 This has already been recorded . May 31, 2019 is a Thursday . The next payday is Friday, June 8, 2019 Sun Mon Tum