On april 1, the company retained an attorney for a flat monthly fee of $2,000. payment for april legal services was made by the company on may 12. as of april 30, $1,533 of interest expense has accrued on a note payable. the full interest payment of $4,600 on the note is due on may 20. total weekly salaries expense for all employees is $12,000. this amount is paid at the end of the day on friday of each five-day workweek. april 30 falls on a tuesday, 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. the subsequent entry during may to record payment of the accrued expenses. (use 360 days a year. do not round intermediate calculations.)

Although gdp is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating gdp for the united states? check all that apply. the value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government the variety of goods available to consumers funds spent by city governments to renovate their buildings the costs of air and water pollution when a u.s. company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the component of gdp while also net exports by the same amount. therefore, the purchase of electronic parts from china causes in us gdp.