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Kingbird, Inc. employs a five-day workweek and a September 30 year-end. Normal weekly wages amount to $39900. If September 30 is a Wednesday, what is
Kingbird, Inc. employs a five-day workweek and a September 30 year-end. Normal weekly wages amount to $39900. If September 30 is a Wednesday, what is the appropriate journal entry on October 2, the next payday for Kingbird? Salaries and Wages Expense- debit 15960, Salaries and Wages Payable- debit 23940, Cash- credit 39900 Salaries and Wages Expense- debit 23940, Salaries and Wages Payable- debit 15960, Cash- credit 39900 Salaries and Wages Payable- debit 15960, Cash- credit 15960 Salaries and Wages Expense- debit 23940, Cash- credit 23940Windsor, Inc. employs a five-day workweek and a September 30 year-end. Normal weekly wages amount to $30100. If September 30 is a Wednesday, what is the appropriate journal entry on October 2, the next payday for Kingbird? Salaries and Wages Expense- debit 12040, Salaries and Wages Payable- debit 18060, Cash- credit 30100 Salaries and Wages Expense- debit 18060, Salaries and Wages Payable- debit 12040, Cash- credit 30100 Salaries and Wages Payable- debit 12040, Cash- credit 12040 Salaries and Wages Expense- debit 18060, Cash- credit 18060
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