E10-11 Edmund O”?Mally Associates reported short-term notes payable and salary payable as…

E10-11 Edmund O Mally Associates reported short-term notes payable and salary payable as follows:

2012 2011

Current liabilities (partial)

Short-term notes payable $16,400 $15,600

Salary payable 3,400 3,100

During 2012, O Mally paid off both current liabilities that were left over from 2011,

borrowed money on short-term notes payable, and accrued salary expense.

Requirement:

1. Journalize all four of these transactions for O Mally during 2012.