Answer:
wages expense 1,900 debit
wages payables 1,900 credit
utilities expense 600 debit
utilities payables 600 credit
interest expense 200 debit
interest payable 200 credit
telephone expense 117 debit
telephone payable 117 credit
Explanation:
we record the adjusting entries considering their generate an expense which is being accrued therefore, also a payable account is generated.
interest calculations:
principal x rate x time = interest
30,000 x 0.08 x 1/12 = 200
