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A companys weekly payroll is $300, paid on Fridays. If the last day of the month falls on a Tuesday, the adjusting entry would be

A company’s weekly payroll is $300, paid on Fridays. If the last day of the month falls on a Tuesday, the adjusting entry would be Question 6 options:

a) Salaries Expense 120 Salary payable 120. b) Salaries Expense 180 Salary payable 180. c) Salaries Payable 120 Salary Expense 120. d) Salaries Expense 120 Cash 120.

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