Need help filling out this chart, Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday, July 31. Refer to the Chart of Accounts for exact wording of account titles. Round youranswer to the nearest dollar.PAGE 10JOURNALACCOUNTING EQUATIONDATEDESCRIPTIONPOST. REF.DEBITCREDITASSETSLIABILITIESEQUITYAdjusting Entries123 Prospect Realty Co. pays weekly salaries of $18,030 on Monday for a six-day workweek ending the preceding Saturday.Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. Refer to the Chart of Accounts for exact wording of accounttitles. Round your answer to the nearest dollar.

Adjusting entry: It implies to a journal entry that is recorded in the company's books at the…

Prospect Realty Co. pays weekly salaries of $18,030 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. Refer to the Chart of Accounts for exact wording of account titles. Round your answer to the nearest dollar.