Part 1- Adjusting Journal Entries- This problem is worth 15 points. You MUST use an Excel spreadsheet for your answers. Please make sure your name is on the top line (Column A-Row 1) of your spreadsheet. The following information was taken from the books of Ames Corp, for the year ended December 31, 201X. Ames Corp. adjusts their books ANNUALY, and closes them at the end of the year. 7) The following bills, all dated by December 31st, were paid on January 10th of the next year: Office expenses- $350; Utilities- $400; Automobile expenses- $1,500, and Telephone expenses- $750. Page Two 8) Worked performed on customers' contracts during December in the amount of $30,000 was billed on January 3rd, next year. 9) A note receivable was signed with a customer on December 1st. The note was for $50,000. The interest rate is 9% annually. The note, plus all of the accrued interest is due on November 30th, next year