Question: Journalize the adjusting entry needed on December 31 for each of the items affecting LocoLoco Landscaping. Assume LocoLoco records adjusting entries only at the end

Journalize the adjusting entry needed on December 31 for each of the items affecting LocoLoco Landscaping. Assume LocoLoco records adjusting entries only at the end of the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Each Friday, LocoLoco pays employees for the current week's work. The amount of the weekly payroll is $ 8 comma 500$8,500 for a five-day workweek. This year December 31 falls on a ThursdayThursday. LocoLoco will pay its employees on January 11

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