Question 50 Florida Inc.year-endis December 31. At the end of the year, it owed employees 14,000 in sales that relate to work completed, but will of the following year when Florida Inc. processes payroll and makes a $10.000 payment Required: 1. Prepare an adjusting entry to record accrued salaries this year, a reversing entry on January 1 the following year, and an entry to record the payment of 10.000 January 3. (3 Points - 1 point for each entry) 2. Prepare journal entries to record the accrued salaries on December 31 of this year and the payment of salaries on January 3 the following year even is not recorded. (3 points) Be sure to show all your work and clearly show debits and credits in your journal entries. Good journal entry format is required. Edit View Insert Format Tools Table 12pt Paragraph B IA TA Da 5 wo I 0 words