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A business pays weekly salaries of $ 3 9 7 9 7 on Friday for a 5 - day week ending on that day. The

A business pays weekly salaries of $39797 on Friday for a 5-day week ending on that day. The adjusting entry necessary for the business at the end of the fiscal period ending on Wednesday is
Question 1 Answer
dr. Salaries Payable and cr. Salaries Expense for $39797
dr. Cash and cr. Salaries Payable for $23878.20
dr. Salaries Payable and cr. Salaries Expense for $15918.80
dr. Salaries Payable and cr. Salaries Expense for $23878.20
dr. Salaries Payable and cr. Cash for $23878.20
dr. Salaries Expense and cr. Salaries Payable for $15918.80
dr. Salaries Payable and cr. Cash for $15918.80
dr. Salaries Expense and cr. Cash for $15918.80
dr. Salaries Expense and cr. Cash for $39797
dr. Salaries Expense and cr. Salaries Payable for $23878.20
dr. Cash and cr. Salaries Expense for $39797
dr. Salaries Expense and cr. Cash for $23878.20
dr. Salaries Payable and cr. Cash for $39797
dr. Cash and cr. Salaries Expense for $23878.20
dr. Salaries Expense and cr. Salaries Payable for $39797
dr. Cash and cr. Salaries Payable for $15918.80
dr. Cash and cr. Salaries Expense for $15918.80
dr. Cash and cr. Salaries Payable for $39797

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