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8 6 nts Fighting Irish Incorporated pays its employees $4,620 every two weeks ($330/day). The current two-week pay period ends on December 28, 2024,
8 6 nts Fighting Irish Incorporated pays its employees $4,620 every two weeks ($330/day). The current two-week pay period ends on December 28, 2024, and employees are paid $4,620. The next two-week pay period ends on January 11, 2025, and employees are paid $4,620. Required: 1. Record the adjusting entry on December 31, 2024. 2. Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in 2024 is $0). eBook Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record the adjusting entry on December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for employee salaries on December 31. Note: Enter debits before credits Date General Journal Debit Credit December 31, 2024 < Prev 8 of 9 Next >
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