Problem 4 You are in charge of the audit of Ortega Corporation for the year ended December 31, 2022. One of the auditors on your team, David Perez, is currently performing procedures to search for unrecorded liabilities. Materiality for this test was assessed at $5,000. Adjustments are only recorded for items equal to, or exceeding materiality. David has identified the following items from the check register which are not included in accounts payable on December 31. Vendor Check # Check date Nature of the expenses Amount Water World Distributors, Incorporated 1333 1/6/2023 $ 3,500 Water coolers in office and warehouse delivered 12/31/2022 Daniel Breen, Esquire 1334 1/6/2023 Telephone Services, Incorporated 1335 1/8/2023 $ 6,000 $6,500 Payroll processing-Paychecks 1336 1/10/2023 $ 25,500 Pitt Ohio Trucking Company 1337 1/10/2023 $ 45,601 Petty cash 1338 1/17/2023 $ 2,002 Smith's Forklift Repairs 1339 1/22/2023 $ 11,000 Glenn's Glass Distribution Center 1340 1/23/2023 $ 12,230 Corporate legal services for December 2022 December, 20022, telephone and computer services Biweekly payroll (12/25/2022-1/7/2023) Trucking services 12/4/2022-1/3/2023, deliveries made evenly throughout the period Replenish petty cash box Received new forklift on 12/29/2022, ordered on 12/18/2022 Inventory ordered 12/20/2022, delivered 12/31/2022 Payroll processing-Paychecks 1341 1/24/2023 Daniel Breen, Esquire 1342 2/6/2023 $ 25,500 $6,800 Biweekly payroll (1/8/2023-1/21/2023) Corporate legal services for January 2023 Required: For each of the ten disbursements identified, indicate the adjusting entry that should be recorded. Since no Chart of Account is provided, use a reasonable name for each account needed. If no entry is required, state "no entry."