Instruction

Ski Master Company pays weekly salaries of $$7,800$ on Friday for a five$-$day week ending on that day.

Required:

Joumalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday. Refer to the Chart of Accounts for exact wording of account titles.

General Journal

Journalize the necessary adjusting entry on December $31,$ assuming that the period ends on Wednesday. Refer to the Chart of Accounts for exact wording of account titles