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Flounder Company has an accounting fiscal year, which ends on June 30. The company also has a policy of paying the weekly payroll on Friday.

Flounder Company has an accounting fiscal year, which ends on June 30. The company also has a policy of paying the weekly payroll on Friday. Payroll records indicate the following salary costs were incurred.

DateAmount

Monday June 28 $3,840

Tuesday June 29 $2,352

Wednesday June 30 $2,958

Thursday July 1 $3,900

Friday July 2 $2,340

Prepare necessary adjusting journal entries that should be made at year end on June 30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

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