Pharoah Company has a September 30 fiscal year end and prepares adjusting entries on an annual basis. The trial balance included the following selected accounts: Accumulated depreciation $4.450 Depreciation expense 0 Interest expense 3.350 Interest payable Interest receivable Interest revenue Salaries expense 151.000 Salaries payable 0 0 Additional information for its September 30, 2021 year-end adjustments 1 Pharoah has a two-year. 3 note receivable for $4.600 nat was issued on April 1. 2022 interest is avable every sa months, on October 1 and April 1. Principal is payable at maturity Pharoah collected the correct amount on October 1 2021 2 Accrued salaries September 30, 2021 were 52.700. Payroll totaling 53.160 was paid on October 2 2021 Pharoah has a five-year, Sie note payable for $80,400 saved in 2012. Ineerest is payable quarterly on January 31 April 30 July 31. and October 31 each year Pharoah puld the correct amoures in 2021 Depreciation expense for the year ended Suptember 30, 2021, was 54450 3 Prepare Taccounts and record the September 30,2021. balances Salaries Expense 3 T Salaries Expense Sept 30 Bal V 151000 Sept. 30 Bal Interest Expense Sept. 30 Bal. 3350 Accumulated Depreciation > Sept. 30 Bal v 4450 e Textbook and Media Prepare adjusting journal entries for items 1 to 4 above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to O decimal places, eg. 5,275) -125 Prepare adjusting journal entries for items 1 to 4 above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, e... 5.275.) Date Account Titles and Explanation Interest Expense Debit Sept. 30 Credit 69 69 Interest Payable (To record accrued interest) Salaries Expense Sept. 30 2700 2700 Salaries Payable (To record accrued salaries) Interest Expense Sept. 30 670 870 Interest Payable (To record accrued interest Depreciation Expanse Sept. 30 4450 23 Interest Payable 670 (To record accrued interest) Depreciation Expense Sept. 30 4450 Accumulated Depreciation (To record depreciation) 4450 Post adjusting journal entries for items 1 to 4 above. (Post entries in the order of joumal entries presented above. Round answers to decimal places, eg. 5,275.) Interest Receivable Interest Revenue Interest Revenue Sept. 30 Bal. Salaries Expense 151,000 Interest Payable Interest Payable Sept. 30 Bal. Interest Expense 3.350 Accumulated Depreciation Sept. 30 Bal. 4,450 Depreciation Expense Prepare entries to close these revenue and expense accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Sept. 30 (To close revenue account) Sept. 30 Post to the accounts. Note: Do not post to the income summary account. (Post entries in the order of joumal entries presented above. Round answers to decimal places, eg. 5,275. For balances ending in 0 select bal for the date and for the amount for the normal balance of the account.) Interest Receivable Interest Revenue Salaries Payable > Salaries Expense Accumulated Depreciation Depreciation Expense Prepare reversing journal entries on October 1, 2021, as appropriate. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to O decimal places, eg,5,275.) Date Account Titles and Explanation Debit Credit Oct. 1 (To reverse interest adjusting entry) Oct. 1 (To reverse accrued salaries adjusting entry) Oct. 1 Toulube Maps Dashboard WiePlus > Course Sylabus 15-486-9853-data16e3be/question/2 C Get Home 1 ogo Th My Card My Account + Ch 4 Graded Homework Assignment Question 3 of 4 - 725 (To reverse accrued salaries adjusting entry) Oct. 1 To reverse accrued interest adjusting entry) Post reversing journal entries on October 1.2021. as appropriate. (Post entries in the order of journal entries presented above Round answers to decimal places.es. 5.275) Interest Receivable Interest Revenue