PAYROLL ADJUSTING ENTRIES A companys weekly payroll amounts to $50,000 and payday is every Friday. Employees work
Question:
PAYROLL ADJUSTING ENTRIES A company’s weekly payroll amounts to $50,000 and payday is every Friday. Employees work five days per week, Monday through Friday. The appropriate journal entry was recorded at the end of the accounting period, Tuesday, March 31, 2009.
Required:
What journal entry is made on Friday, April 3, 2009?
Cornerstone Exercise
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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