Questions 7-10: For each of the following separate cases, prepare adjusting entries required for financial statements for the year ended (date of) December 31, 2019 7. Company X has incurred $2,000 of interest expense? What is the adjusting Journal entry to record this adjustment? A. Dr. Interest Expense 2000; Cr. Interest Revenue 2000 B. Dr. Interest Revenue 2000; Cr. Interest Receivable 2000 C. Dr. Interest Expense 2000; Cr. Interest Payable 2000 D. Dr. Interest Payable 2000; Cr. Interest Expense 2000 E. None of the above 8. Salaries of $5,000 are eamed by workers but not paid as of December 31, 2018. What is the adjusting journal entry to record this adjustment? A. Dr. Salaries Payable 5000; Cr. Salaries Expense 5000 B. Dr. Salaries Expense 5000; Cr. Cash 5000 C. Dr. Cash 5000; Cr. Salaries Expense 5000 D. Dr. Salaries Expense 5000; Cr. Salaries Payable 5000 E. None of the above 9. During December Company X designed a landscape plan and the client prepaid $24,000 which Company recorded as Uneamed Revenue. All of the work related to $24,000 cash received in advance is performed during the current year. What is the adjusting journal entry to record this adjustment? A. Dr. Service Revenue 24,000: Cr. Uneamed Revenue 24.000 B. Dr. Uncamed Revenue 24,000; Cr. Service Revenue 24,000 C. Dr. Cash 12,000; Cr. Service Revenue 12,000 D. Dr. Uneamed Revenue 12,000; Cr. Service Revenue 12,000 E None of the above 10. At December 31 Company X had eamed $2,000 for landscape services completed for Cortez Company. Cortez has stated that they will pay Company X on January 15. What is the adjusting journal entry to record this adjustment? A. Dr. Accounts Receivable 2000: Cr. Cash 2000 B. Dr. Accounts Receivable 2000, Cr. Service Revenue 2000 C. Dr. Service Revenue 2000. Cr. Accounts Receivable 2000 D. Dr. Cash 2000; Cr. Service Revenue 2000 E None of the above