Question: Save Mobol, a wireless phone carrier, completed its first year of operations on December 31, 2017. All of the 2017 entries have been recorded, except
Save Mobol, a wireless phone carrier, completed its first year of operations on December 31, 2017. All of the 2017 entries have been recorded, except for the following: a. At year-end, employees eamed wages of $3,800, which will be paid on the next payroll date, January 13, 2018. b. At year-end, the company had eamed Interest revenue of $2,800. It will be collected March 1, 2018. Required: Record the required adjusting journal entry for transactions (a) and (b). (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet
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