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Adjusting entries for accrued salaries Stenberg Realty Co. pays weekly salaries of $20,500 on Friday for a five-day workweek ending on that day. a. Journalize

Adjusting entries for accrued salaries Stenberg Realty Co. pays weekly salaries of $20,500 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 Wednesday. Account Debit Credit b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Thursday. Account Debit Credit Accounts Payable Cash Salaries Expense Salaries Payable Unearned Salaries

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