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Adjustment for accrued expense Instructions Chart of Accounts Journal Instructions Blue Ocean Realty Co. pays weekly salaries of $33,300 for a six-day workweek (Monday
Adjustment for accrued expense Instructions Chart of Accounts Journal Instructions Blue Ocean Realty Co. pays weekly salaries of $33,300 for a six-day workweek (Monday through Saturday). Journalize the necessary adiusting entry assuming that the accounting period ends on Thursday Refer to the chart of accounts for the exact wording of the account titles CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW journals will automatically indent a credit entry when a credit amount is entered
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