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Marigold Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more
Marigold Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1610 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? No adjusting entry is required. Salaries and Wages Expense Salaries and Wages Payable 4830 4830 Salaries and Wages Expense Salaries and Wages Payable 1610 1610 Salaries and Wages Expense 8050 Salaries and Wages Payable 8050
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