Journalizing current liabilities Edmund O’Mally Associates reported short term notes payable and salary payable as follows:

2012

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.