Your company, which is on the accrual basis, pays a $2,000 advance on a $10,000 paint job and records it in Painting Expense. If at yearend, 15% of the job is completed, what adjusting entry do you record? On September 1st, your firm incurs a routine $82 expense, mistakenly recording it as follows: On October 11th (of the same year) your firm pays the $82 and records it as follows: What correcting entry should you prepare