ng entries monthly. Journalize the adjusting entries needed as of January 31. (Record debits firs mal entry table.) * More Info - X a. Business receives $2.500 on January 1 for 10-month service contract for the period January 1 through October 31. Assume services are performed evenly each month throughout the term of the contract b. Total salaries for all employees is $4,000 per month Employees are paid on the 1st and 15th of the month c. Work performed but not yet billed to customers for the month is $950. d. The company pays interest on its $20.000 9% note payable of $150 on the first day of each month -06 Spring 2020 - X ) is based on Miller Nobles Moto Hongres Mosco. Homer's Resourong