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velue 25.00 points a. On April 1, the company retained an attormey for a flat monthly fee of $1.000. Payment for Api legal services was

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velue 25.00 points a. On April 1, the company retained an attormey for a flat monthly fee of $1.000. Payment for Api legal services was made by the company on May 12 b. A $320,0 00 ole payable requres 8.5% annual interest, or $2.201 to be paid at the 20th day of each month. The interest was last paid on April 20 and the next payment is due on May 20. As of April 30 5750 of interest expense has accrued e. Total weekly salaries expense for all employees is $0,000. This amount is paid at the end of the day which means that the on Friday of each five-day workweek. April 30 falls on Tuesday of this year, employees had worked two days since the last payday. The next payday is May 3 The above three separate situations require adjusting journal entries to prepare finanoial statements as of April 30. For each situation, present both the Apri 30 adjusting entry and the subsequent entry during May to record the payment of the accrued expenses. (Use 360 days a year. Do not View transaction list Journal entry worksheet On April 1, the company retained an attorney for a flat monthly fee of $1.000. Payment for April legal services was made by the company on May 12. Note: Enter debits before credits Date General Journal Debit Credit Legal fees expense Legal fees payable Apr 30 1.000 1.000 Record entry

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