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On January 5th 2013 Ronald Rackets Employees were paid a total amount of $45,000 for the pay cycle ending January 5th 2013. Prepare the appropriate

On January 5th 2013 Ronald Rackets Employees were paid a total amount of $45,000 for the pay cycle ending January 5th 2013. Prepare the appropriate adjusting entry(s) that Ronald Rackets Corporation would make on January 5, 2013 to account for the cash payment made to employees. {Be Careful - This particular adjustment will affect 3 different accounts}

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