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HELP ASAP PLS DawgCheck, LLP pays its employees total salaries of $21.500 every two weeks (for 10 days of work since employees do not work
HELP ASAP PLS
DawgCheck, LLP pays its employees total salaries of $21.500 every two weeks (for 10 days of work since employees do not work on weekends). This year, pay days fall on June 18 (Friday) and July 2 (Friday). Assuming the company prepares financial statements on June 30, which of the following journal entries would it make on June 302 Select one: $17,200 a. June 30 Salaries Expense Salaries Payable July 2 Salaries Expense Cash $17.200 $21,500 $21,500 b. June 18 Salaries Expense $17,200 Cash $17,200 July 2 Salaries Expense $4,300 Cash $4,300 $25,800 C. June 30 Salaries Expense $25,800 Salaries Payable July 2 Salaries Expense $4,300 Salaries Payable $25,800 Cash $30,100 d. June 30 Salaries Expense $17,200 Salaries Payable July 2 Salaries Expense $4,300 Salaries Payable $17,200 Cash $17,200 $21,500 Step by Step Solution
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