Please prepare the jornal entries as well as describe the effect on income and amounts effected. Also please write a memo including what went wrong and how it affected income.

21. While reviewing the January 2018 payroll journal you noticed that Payroll of $10,000, for the week ending December 31, 2017, was actually paid and expensed on January 7h, 2018. There was no other unpaid payroll. On December 31, 2017, there was a $13,000 CR balance in the payroll payable account. Adjust relevant accounts from what they are to what they should be, if necessary. Hint: Use a T account. 22. After determining qualified payroll for the period, you determined that the pension expense was $90,000. There was no liability recorded on the books and all payments made during the year related to the prior year liability Adjust relevant accounts from what they are to what they should be, 21. While reviewing the January 2018 payroll journal you noticed that Payroll of $10,000, for the week ending December 31, 2017, was actually paid and expensed on January 7h, 2018. There was no other unpaid payroll. On December 31, 2017, there was a $13,000 CR balance in the payroll payable account. Adjust relevant accounts from what they are to what they should be, if necessary. Hint: Use a T account. 22. After determining qualified payroll for the period, you determined that the pension expense was $90,000. There was no liability recorded on the books and all payments made during the year related to the prior year liability Adjust relevant accounts from what they are to what they should be