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MODERN is a store with trendy and affordable furniture. MODERN has four part-time employees, each of whom earns $320 per da They are normally paid
MODERN is a store with trendy and affordable furniture. MODERN has four part-time employees, each of whom earns $320 per da They are normally paid on Fridays for work completed on Monday through Friday of the same week. They were all paid in full on Friday, December 25, 2023. The next week, all four of the employees worked only four days because New Year's Day was an unp holiday. Show the adjusting entry that would be recorded on Thursday, December 31, 2023, MODERN's year-end, and the journal that would be made to record paying the employees' wages on Friday, January 1, 2024. Journal entry worksheet Note: Enter debits before credits
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