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Adjusting Entries for Accrued Salaries Paradise Realty Co. pays weekly salaries of $37,000 on Friday for a five-day workweek ending on that day, 2. Joumalize

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Adjusting Entries for Accrued Salaries Paradise Realty Co. pays weekly salaries of $37,000 on Friday for a five-day workweek ending on that day, 2. Joumalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Tuesday. b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Thursday, Adjustment for Depreciation The estimated amount of depreciation on equipment for the current year is $3,310. Journalize the adjusting entry to record the depreciation. If an amount box does not require an entry, leave it blank. Adjusting Entry for Supplies The balance in the supplies account, before adjustment at the end of the year, is $1,634, Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $768

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