More Info n, The long-term debt is payable in annual installments of $60,000, with the next installment due on July 31. On that date, Speedy Ship will also pay one year's interest at 10%. Interest was last paid on July 31 of the preceding year. Make the adjusting entry to accrue interest expense at year-end. Gross unpaid salaries for the last payroll of the fiscal year were $4,500. Assume Employee Payroll Taxes Payable are $970 a. b. c. Employer payroll taxes owed are $850. d. On February 1, the company collected one years rent of $6,900 in advance Print Done Data Table Accounts Payable Interest Payable 113,000 f the fisc | Explana Saaries Payable Employee Payroll Taxes Payable Employer Payroll Taxes Payable Unearned Rent Revenue 6,900 300,000 Print Done