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A company pays its employees $6,300 every two weeks ($450/day). The current two-week pay period ends on December 26, 2021, and employees are paid $6,300.

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A company pays its employees $6,300 every two weeks ($450/day). The current two-week pay period ends on December 26, 2021, and employees are paid $6,300. The next two-week pay period ends on January 9, 2022, and employees will be paid $6,300. Record the adjusting entry on December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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