Lenornhst 31. Wite. Mason Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. Instructions (a) Journalite the annual adjusting entries that were made. (Dmit explanations.) (b) iber. (c) Answer the following questions. Extra Credit - 4 points max (1) If the note has been outstanding 3 months, what is the annual interest rate on that note? (2) If the company paid $12,500 in salaries and wages in 2020 , what was the balance in Salaries and Wages Payable on December 31, 2019