Zoey Bella Company has a payroll of $10,000 for a five-day workweek. Its employees are paid each Friday for the five-day workweek. Prepare the adjusting entry on December 31 assuming the year ends on Thursday.

Amount = (Total periodic pay / Number days in period) * Number days for current period

Amount = ($10,000/5) * 4

Amount = $8,000

Therefore, the amount to be recorded for adjusting entry is $8,000.

                                          Journal Entry

 Date          Description                               Debit       Credit

31 Dec     Payroll expenses                        $8,000

                    Payroll expenses payable                     $8,000

                (Being Payroll expenses recorded)

it's d. out with the planting and harvest of the crops.