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At December 31 the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $23,000. Employees

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At December 31 the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $23,000. Employees have been paid for work done up to December 27, but the $1.200 they have earned for December 28-31 has not yet been paid or recorded. Required: 1. Prepare the adjusting journal entry on December 31 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting Journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field View transaction list View journal entry worksheet No Date Debat Credit 1 December 31 General Journal Salaries and Wages Expense Salaries and Wages Payable 1.200 1.200 Required 2 > At December 31, the unadjusted trial balance of H&R Tacks reports Salaries and Wages Payable of $0 and Salaries and Wages Expense of $23,000. Employees have been paid for work done up to December 27, but the $1.200 they have eamed for December 28-31 has not yet been paid or recorded. Required: 1. Prepare the adjusting journal entry on December 31 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting Journal entry, and report the adjusted balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance Salaries and Wages Payable Salaries and Wages Expense Bog. Bal. Beg Bal 23.000 AJE AJE 1.200 1.2001 End. Bal 1.200 End Bal 24.200

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