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Adjusting entries for Accrued Salaries Ocular Realty Co. pays weekly salaries of $11,750 on Friday for a five -day workweek ending on that day. A.
Adjusting entries for Accrued Salaries Ocular Realty Co. pays weekly salaries of $11,750 on Friday for a five -day workweek ending on that day.
A. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesdays. _______________ ________________ ________________ ________________
B. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Thursday. ________________ ________________ _________________ ________________
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