Question: please answer T) Tile had the following items that require adjusting entries at the end of the year. a. TJ pays payroll of $28,400 every

please answer

T) Tile had the following items that require adjusting entries at the end of the year. a. TJ pays payroll of $28,400 every other Friday for a 2-week period. This year the fast payday is Friday, December 26 . (Note: The work week is Monday through Friday.) b. T3 purchased $140,000 of tile on July 1 with a note payable requiring 11% interest. The interest and principal on this note are due within 1 year. As of December 31 , T. had not made any principal or interest payments. c. TI's earned income is $510,000 for the year for tax purposes, its effective tax rate is 25%. These taxes must be paid by April 15 of next year. Required: Prepare the adjusting joumal entries to record these transactions at the end of the current year. If an amount box does not require an entry, leave it blank

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