Please write the journal entries for the following facts in both the modified accrual basis of accounting and accrual basis of accounting.

$3,000,000 20,000 10,000 Salaries paid in cash during 2019 Salaries applicable to 2019, due to be paid January 5, 2020. Utility bill applicable to 2019, due to be paid January 10, 2020 Equipment acquired at the beginning of 2019 and having an estimated useful life of 10 years Payment of principal on long-term debt on December 31, 2019 Payment of interest on long-term debt on December 31, 2019. 200,000 100,000 40,000