On December 31, Year 1. BIG Company had accrued salaries of $9.900 Required a. Record in general journal format the adjustment required as of December 31, Year 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for salaries payable Note: Entert before credits Date General Journal Debit Credit View transaction list 1 Record the adjusting entry for salaries payable. Credit Note : = journal entry has been entered Record entry Clear entry View general journal b. Show the effect of above adjustment in a horizontal statements model (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flow column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash, and NA for Not affected by the event.) BIO COMPANY Horizontal Statements Model for Year 1 Event Assets / Salaries Payable Equity Retained Ernings Statement of Cash Flows Revenue - Expenses - Net Income