5. June 30 Make the necessary adjusting entry for wages if June 30 is a Thursday, the fourth day of the workweek. (Wages of $24,500 are paid each Friday for a five-day work week.) Date Account Debit Credit wages expense 6125 6125 Wages payable 26 June 1 A customer, Caribbean Company, pays you $8,200 cash in advance for services which you will perform starting today. The entire job will be completed by September 30th. (This amount will be spread out evenly over this four-month time period.) Date Account Debit Credit 611 Unearned fees 8200 Cash 8200