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EX 3-5 Adjusting entries for accrued salaries OBJ. 2 of entry: Garcia Realty Co. pays weekly salaries of $17,250 on Friday for a five-day workweek

EX 3-5 Adjusting entries for accrued salaries OBJ. 2 of entry: Garcia Realty Co. pays weekly salaries of $17,250 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday and (b) on Thursday

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