Problem It Adjasting Entries and Financial Statemeats Presented below are the trial balanse and the otber information relaied to Clear Call Limied. Other information: 1. Fmployees are peid every Fridry for the five-day week endad on that day; Sularies amout to $4,000 per weck. The acootinting periods ends on a Mondwy. 2. A note for 510,000 was received from a customer on April 1,2019, The note mulures in ane year and bears 8% interest. 3. An insurance premivem of $12,500 was pald on March 1, 2019, and was charged to Prepuid Iesurance. The premium eovers =24 month period beginning March 1, 2019 4. Foss reccived in advance from clicats and included in Service Revesee initially, 575000 5. Equipnoni is beiegr deprecialed at 10 \& per year. 7. Red of the buildieg is 54,500 per modh. The rent for 2019 has been paid, as has that for Expase. 8. Bud debt expenie for the ycur is 596 of the accounts receivable Instrectias Problem It Adjasting Entries and Financial Statemeats Presented below are the trial balanse and the otber information relaied to Clear Call Limied. Other information: 1. Fmployees are peid every Fridry for the five-day week endad on that day; Sularies amout to $4,000 per weck. The acootinting periods ends on a Mondwy. 2. A note for 510,000 was received from a customer on April 1,2019, The note mulures in ane year and bears 8% interest. 3. An insurance premivem of $12,500 was pald on March 1, 2019, and was charged to Prepuid Iesurance. The premium eovers =24 month period beginning March 1, 2019 4. Foss reccived in advance from clicats and included in Service Revesee initially, 575000 5. Equipnoni is beiegr deprecialed at 10 \& per year. 7. Red of the buildieg is 54,500 per modh. The rent for 2019 has been paid, as has that for Expase. 8. Bud debt expenie for the ycur is 596 of the accounts receivable Instrectias