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A business has a November 30 year end. Three people are employed at a salary of $1,600 each per five-day work week. November 30 is
A business has a November 30 year end. Three people are employed at a salary of $1,600 each per five-day work week. November 30 is a Thursday. He was last paid on Friday, Nov. 25 (Monday to Friday pay period) and he will be next paid in two weeks on Friday, Dec. 9. Prepare the year end adjusting entry. Do NOT use commas or dollar signs in your response. Debit to for Credit to for Prepare the subsequent cash entry of the payment on December 9. Debit to for Salaries Payable for Credit to for
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