Journalize the entry for Hot Rod Service using the following data from the payroll register: 
Definitions:
Rate of Return
The profit or deficit from an investment during a certain timeframe, represented as a portion of the investment's starting price in percentage terms.
Simple Interest
A financial term referring to a method of calculating the interest charge on a loan or investment based on the original principal amount, the interest rate, and the time the loan or investment is made for.
Guaranteed Investment Certificate
A secure investment that guarantees to return the principal plus interest at a specified rate over a fixed period.
Annual Interest Rate
The percentage of principal that is paid as interest to the lender annually, not accounting for the compound interest within that year.
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