a. On April 1, the company retained an attorney for a flat monthly fee of $500. This amount is paid to the attorney on the 12th day of the following month in which it was earned. b. A $700,000 note payable requires 9.2% annual interest, or $5,367 to be paid at the 20th day of each month. The interest was last paid on April 20 and the next payment is due on May 20. As of April 30, $1,789 of interest expense has accrued. c. Total weekly salaries expense for all employees is $10,000.

This amount is paid at the end of the day on Friday of each five-day workweek. April 30 falls on Tuesday of this year, which means that the employees had worked two days since the last payday. The next payday is May 3. The above three separate situations require adjusting journal entries to prepare financial statements as of April 30. For each situation, present both the April 30 adjusting entry and the subsequent entry during May to record the payment of the accrued expenses.