You are adding correcting entries to the general ledger during an audit shortly after the client's 12/31/Year 1 year end. To prepare each required journal entry: Click on a cell in the Account Name column and select from the option list the appropriate account. An account may be used once, more than once, or not at all. Enter the corresponding debit or credit amount in the associated column. Round all amounts to the nearest whole number. Not all rows in the table might be needed to complete each journal entry. If no journal entry is needed, check the "No entry required" box at the top of the table as your response. 1. You receive a confirmation from a debtor indicating that payment for $10,000 was sent on 12/23/Year 1. Your research indicates that it was received by the client on 1/2/Year 2, thus not recorded by year end. No Entry Required Account Name Debit Credit E !! !!! E 123 123 123 123 E 123 123 E 123 123