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CDE1.Every Friday Kylie's Recruiting Services records its employees weekly salaries of $20,000 per week ($4,000 per day), Monday through Friday).Employees are paid the following week
CDE1.Every Friday Kylie's Recruiting Services records its employees weekly salaries of $20,000 per week ($4,000 per day), Monday through Friday).Employees are paid the following week on Thursday.
Required:
a. Prepare the general journal entry on Friday,September 30 to record the salaries expense for the last five days in september.
b.Prepare the general journal entry on Thursday,October 6 to record payment of the prior week's salaries.
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