Objective 1 is the image above^

Debit Debit $ 9,923.08 Credit Credit Notes Note Salaries Payable Entry in November (Optional) S 694.62 $198.46 $ 2,180.77 S B93.08 $ 5,656.15 $ 5,656.15 $ 5,656.15 $ 6,000.00 KASE makes an adjusting entry for accrual of the salaries for both Cassie and Karl for the days they worked in the month of December. The Bonus adjustment is also rr $ 420.00 S 120.00 $ 1,500.00 $ 540.00 $ 3,420.00 $10,384.62 S Transaction Date Account Transaction # Date Account 0 11.31.20X1 Salaries Expense FICA Social Security Tax FICA Medicare Tax Federal Income Tax State Income Tax Salaries Payable 1 12.3.20X1 Salaries Payable Cash 2 12.31.20X1 Employee Bonus Expense FICA Social Security Tax FICA Medicare Tax Federal Income Tax State Income Tax Bonus Payable Salaries Expense FICA Social Security Tax FICA Medicare Tax Federal Income Tax State Income Tax Salaries Payable 3 1.3.20X2 Salaries Payable Cash 4 1.15.20X2 Bonus Payable Cash 5 1.31. 20X2 Salaries Experise FICA Social Security Tax FICA Medicare Tax Federal Income Tax State Income Tax Salarles Payable PTO Benefit Experise FICA Social Security Tax FICA Medicare Tax Federal Income Tax State Income Tax PTO Benefit Payable 5 5,919.23 $ 3,420.00 726.92 $ 207.69 $ 2,59G. 15 $ 934.62 $ 5,919.23 KASE pays out employee salaries from the previous month $ 5,919.23 KASE pays out bonuses from the previous year $ 3,420.00 KASE makes an adjusting entry for accrual of the salaries for both Cassic and Karl for the days they worked in the month of January. Both Cassic and Karl took one wc 184.62 S 138.46 $ 1,730.77 S 623.08 $ 3,946.15 $ 6,923.08 S $ 2,307.69 $ 161.54 S 46.15 $ 576.92 $ 207.69 $ 1,315.38 Objective 5: Which Journal Entries posted in Objective 1 affect the Income Statement? If you need a refresher on what the Income Statement is, reference Ch 1 and Ch 3. This knowledge will be important going forward | Objective 6: What affect did the 5% bonus at the end of 20X1 have on the 20X1 Income Statement