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Saved Help Save & Exit Submit Check to The employees of Neat Clothes work Monday through Friday. Every other Friday the company issues payroll checks totaling $35,000. The current pay period ends on Friday, July 3. Neat Clothes is now preparing quarterly financial statements for the three months ended June 30. What is the adjusting entry to record accrued salaries at the end of June? Multiple Choice Prepaid salaries 10,500 4 Prepaid salaries Salaries payable 10,500 10.500 Salaries expense Salaries payable 7.000 7.000 Salaries expense Salar les payable 24,500 1 24.500 Salaries expense Prepaid salaries Salaries payable 24,500 10,500 35,000 Check my work Mama's Pizza Shoppe borrowed $8,400 at 6% interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year ends June 30, 2021. What adjusting entry is necessary on June 30, 2021? Multiple Choice 5 Interest expense Interest payahte 84 84 Monty 168 Interest expense Interest payable 168 34 Prepaid interest Interest payable 34 all Saved Help Save & Exit Submit Check my word On September 15, 2021, Oliver's Mortuary received a $4,800, nine-month note bearing interest at an annual rate of 14% from the estate of Jay Hendrix for services rendered. Oliver's has a December 31 year-end. What adjusting entry will the company record on December 31, 2021? Multiple Choice tumit 6 672 Interest receivable Interest revenue Cash 196 476 Interest receivable Interest revenue 476 476 196 Interest receivable Notes receivable 196 196 Interest receivable Interest revenue 196