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Journalize the adjusting entry needed on December 31, the company's year-end, for each of the following independent cases affecting (Click the icon to view the
Journalize the adjusting entry needed on December 31, the company's year-end, for each of the following independent cases affecting (Click the icon to view the independent cases.) a. Each Friday the company pays its employees for the current week's work. The amount of the payroll is $29,000 for a five-day work on Tuesday. Record the accrual for salaries at December 31. (Record debits first, then credits. Enter explanations on the last line of the Jour b. West Coast has received notes receivable from some clients for professional services. During the current year, West Coast has be received next year. Record the interest revenue earned during the current year
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