$1.$ Journalize the adjusting entry needed on December $31$ for each of the items affecting Lovely Legal Services. Assume Lovely Legal Services records adjusting entries only at the end of the year.

$2.$ Journalize the subsequent journal entries for adjusting entries a and g$.$

a$.$ Each Friday, Lovely Legal Services pays employees for the current week's work. The amount of the weekly payroll is $$7,000$ for a five$-$day workweek. This year, December $31$ falls on a Tuesday.

Lovely Legal Services will pay its employees on January $3$

b$.$ On January $1$ of the current year, Lovely Legal Services purchases an insurance policy that covers two years, $$10,000$

c$.$ The beginning balance of Supplies was $$3,400.$ During the year, Lovely Legal Services purchased supplies for $$5,500,$ and at December $31$ the supplies on hand total $$1,100$

d$.$ During December, Lovely Legal Services provided legal services, and the client prepaid $$10,000.$

Lovely Legal Services recorded this amount as Unearned Revenue. The job will take several months to complete, and Lovely Legal Services estimates that the company has earned $50\%$ of the total revenue during the current year.

e$.$ At December $31,$ Lovely Legal Services had earned $$4,200$ for legal services completed for Yard Sale Appliances. Yard Sale Appliances has stated that it will pay Lovely Legal Services on January $10$

f$.$ Depreciation for the current year includes Equipment, $$2,900$; and Furniture, $$1,600.$

g$.$ Lovely Legal Services has incurred $$250$ of interest expense on a $$550$ interest payment due on January $15$