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on dec,31 2013 salaries owed to employees total 5650 and will be paid on jan4, 2014. the adjustment entry prepared on dec. 31 2013 includes:

on dec,31 2013 salaries owed to employees total 5650 and will be paid on jan4, 2014. the adjustment entry prepared on dec. 31 2013 includes:

  1. cr to salary for 5650
  2. cr to cash for 5650
  3. debit to salary exp. 5650
  4. debit to salary payable for 5650

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