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K Employees of Rachel's Llama Farm work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $22,000,
K Employees of Rachel's Llama Farm work Monday through Friday and are paid every Friday for work done that week. The daily payroll is $22,000, and the last payday was Friday, December 26 What is the required adjusting journal entry, if any, on Wednesday, December 31? (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date December 31 Accounts Debit CITR Credit
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