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ABC Company's yearend is October 31, 2022. Monthly payroll of $12,000 is paid on the 20th of each month. The salaries earned by employees from

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ABC Company's yearend is October 31, 2022. Monthly payroll of $12,000 is paid on the 20th of each month. The salaries earned by employees from October 21 to 31, 2021 total $8,000. Required: Prepare i) the necessary adjusting entry for October 31, 2022, ii) the reversing.entry required for November 1, 2022, and iii) the subsequent November 20 payroll. 7 A- B I H

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