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Part IV: Exercises (Points vary per question: Please see below) 22) Prepare the following entries in general journal form: (Ten Points) ABC Company pays weekly

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Part IV: Exercises (Points vary per question: Please see below) 22) Prepare the following entries in general journal form: (Ten Points) ABC Company pays weekly salaries every Friday in the amount of $12,000 for a five day work week during 2019. December 31, 2019 falls out on a Tuesday. a) Prepare the required adjustment entry for Tuesday December 31, 2019, and b) Prepare the entry to record payment of the wages on Friday, January 3, 2020

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