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Areviewofthepayrollrecordsshowsthatunpaidsalariesintheamountof$1,600.00areowed byByteforJune. June 30 5020 Salaries Expense 1600 2105 Salaries Payable 1600 This will be an adjusting entry but what am I doing as far
"Areviewofthepayrollrecordsshowsthatunpaidsalariesintheamountof$1,600.00areowed byByteforJune."
June 30 5020 Salaries Expense 1600
2105 Salaries Payable 1600
This will be an adjusting entry but what am I doing as far as debiting and crediting are concerned? I have something along the lines of the line written above? What date should I use? A date in July? Or the last day of June?
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