Abusiness pays weekly salaries of $30,000 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on a thursday is
a business pays weekly salaries of $30,000 on frid
debit salaries and wages expense, $24,000; credit salaries and wages payable, $24,000.
debit salaries and wages expense, $6,000; credit salaries and wages payable, $6,000.
debit salaries and wages payable, $24,000; credit cash, $24,000.
debit salaries and wages expense, $24,000; credit cash, $24,000
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Abusiness pays weekly salaries of $30,000 on friday for a five-day week ending on that day. the adju...
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