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BE 4 . 7 ( LO 3 ) ( Prepare transaction and adjusting entries for salaries. ) The total weekly payroll for Classic Auto Repairs

BE4.7(LO 3)(Prepare transaction and adjusting entries for salaries.) The total weekly payroll
for Classic Auto Repairs Ltd. is $5,000( $1,000 per day). The payroll is paid every Saturday for
employee salaries earned during the same five-day workweek (Monday through Friday,
inclusive). Salaries were last paid on Saturday, September 25. This year the company's year
end, September 30, falls on a Thursday. Salaries will be paid next on Saturday, October 2.
Prepare the journal entries to record each of the following:
a. Payment of the salaries on September 25
b. The adjustment to accrue salaries at September 30
c. Payment of the salaries on October 2
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