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M4-22 (Algo) Preparing and Posting Adjusting Journal Entries (LO 4-2) At December 31, the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $27.000. Employees have been paid for work done up to December 27, but the $1,300 they have earned for December 28 to 31 has not yet been paid or recorded. Required: 1. Prepare the adjusting journal entry on December 31. 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View Journal entry worksheet No General Journal Debit Credit Date December 31 1 1.200 Salaries and Wages Expense Salaries and Wagon Payable 1.200 M4-22 (Algo) Preparing and Posting Adjusting Journal Entries [LO 4-2) At December 31, the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $27.000. Employees have been paid for work done up to December 27, but the $1,300 they have earned for December 28 to 31 has not yet been paid or recorded. Required: 1. Prepare the adjusting Journal entry on December 31. 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the beginning balances and adjusting entries to the following T-accounts Salaries and Wages Payable Salaries and Wages Expense Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance

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