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8. Adjusting journal entries: Accrued expenses Aa Aa Murray & Company, a computer repair company, pays its employees every Friday. The five-day weekly payroll for
8. Adjusting journal entries: Accrued expenses Aa Aa Murray & Company, a computer repair company, pays its employees every Friday. The five-day weekly payroll for Murray is $17,755, and the last time Murray paid its employees was Friday, October 25. Murray is currently preparing the monthly balance sheet and income statement for October. Prepare the month-end adjusting entry that records employees' wages that are earned but unpaid as of October 31 JOURNAL Post. Date Description Ref. Debit Credit 31 Not sure about the account title? Click here to view the chart of accounts
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