During January, Mary Dolan, a contractor, provided pet care services to Angel's Fridays in January, totaling 24 hours a $20 per hour. Cy overlooked recording this contractor expense since Mary had not been paid for these services yet. So at January 31, an adjusting entry is needed to record Contractors Expense that will be paid later. In the future, Cy is hoping that the QBO time tracking will assist in avoiding this type of oversight going forward. 1. Complete the following table. Amount Debit or Credit? Account Account Type Increase or Decrease? Contractors Expense Expense Accounts Payable (A/P) Liability