Unpaid Salaries at the end of the year

amounting to 20,000. Give the Adjusting

entry on Dec. 31, 2018

The company received a telephone bill in the

amount of 7,500 on Dec. 29, 2018, which the
company intends to pay on Jan. 5, 2019. Give
the adjusting entry on Dec. 31, 2018.

On December 31, Accrued Salaries amounted

to 27,000. This is supposed to be paid on
January 5. Give the entry on January 5.