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Business, 06.10.2019 02:30 eboniwiley

Record the adjusting entry for salaries payable (lo3-3) fighting irish incorporated pays its employees $3,220 every two weeks ($230/day). the current two-week pay period ends on december 28, 2021, and employees are paid $3,220. the next two-week pay period ends on january 11, 2022, and employees are paid $3,220. required: record the adjusting entry on december 31, 2021. calculate the 2021 yearend adjusted balance of salaries payable (assuming the balance of salaries payable before adjustment in 2021 is $0).

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