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The following information relates to the Wallstrom Company at the end of 2020. The accounting period is the calendar year. 1. Employees are paid every

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The following information relates to the Wallstrom Company at the end of 2020. The accounting period is the calendar year. 1. Employees are paid every Friday for the five-day week ending on that day. Salaries amount to $2,500 per week. The accounting period ends on a Wednesday. 2. A note for $6,000 was received from a customer in a sales transaction on April 1, 2020. The note matures in one year and bears 6% interest. 3. On September 1, 2020, Wallstrom borrowed $12,000 cash by signing a note payable due in one year at 6% interest. Using the information given above, prepare the necessary adjusting entries at December 31, 2020. GENERAL JOURNAL

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