Activity 5.a - Journalizing and Posting Transactions Journalize the adjusting entry needed at December 31 for each situation. Use the Chart of Accounts to review account names! Employees earned $2,800 in salaries that will be paid next month. Date Accounts and Explanation Debit Dec 31 salaries expense 2800 Completed services that were paid for six months earlier, $4.500 Date Dec. 31 Accounts and Explanation unearned revenue Credit Debit Credit 4500 2800 incurred interest expense of $2,600 Date Accounts and Explanation Debit Credit 2600 CHC11 interest expense 4500 3600