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The company has 15 employees, who earn a total of $2,100 in salaries each working day. They are paid each Monday for their work in

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The company has 15 employees, who earn a total of $2,100 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31, 2019, is a Tuesday, and all 15 emplovees worked the first two days of that week. Since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $2.500 per month, starting on November 1, 2019. The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, Note. En debits before credits

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