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3. Salaries are paid on Fridays for a ve-day workweek. Salaries total $11,000 weekly. How many days of this work week fall in the month
3. Salaries are paid on Fridays for a ve-day workweek. Salaries total $11,000 weekly. How many days of this work week fall in the month of May? Expense should be recorded when incurred so calculate the amount of salaries incurred in May that have not yet been recorded. 3. Prepare the necessary adjusting journal entry. b. Now prepare the journal entry when the salaries are paid in cash on June 2, at the end of the week
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