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estion list Question 1 uestion 2 estion 3 estion 4 estion 5 HW Score: 43.5%, 8.7 of 20 points Points: 1.2 of 2 Save Redwood

estion list Question 1 uestion 2 estion 3 estion 4 estion 5 HW Score: 43.5%, 8.7 of 20 points Points: 1.2 of 2 Save Redwood Park Senior Center has a weekly payroll of $12,500 December 31 falls on Wednesday, and Redecod Park Senior Center will pay in employees the folowing Monday lanuary 5) for the previous full week Assume Redwood Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $520,000 Head the requirements Requirement 2. Post the adjusting entry to the accounts involved, and show their balances after adjustments Post the adjustment to the two accounts using a "Dec. 31" posting reference, and then calculate and enter the ending balance of the accounts using a "Bal" posting reference on the appropriate side of each account Salaries Payable Salaries Expense 7.500 Dec 31 7,500 Bal Unad, Bal Dec 31 520,000 7.500 527.500 estion 61 Requirement 3. Record the journal entry for payment of salaries made on January 5. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation estion 71 Jan. 5 Salaries Expense Salaries Payable Revenues estion 8 To record salaries paid in advance etion a me solve this Etext pages Get more help- Debit Credit 7500 520000 7500 527500 Clear all Final check Read the requirements. Requiren Post the reference Requiren journal en Date Requirements - X 1. Record the adjusting entry for accrued salaries on December 31. 2. Post the adjusting entry to the accounts involved, and show their balances after adjustments. 3. Record the journal entry for payment of salaries made on January 5. ing balance of the accoum Jan. 5 Salaries Expense Salaries Payable Revenues Print Done 7500 520000 7500 527500 dits. Select the explana

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