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Pablo Management has eight employees, each of whom earns $185 per day. They are normally paid on Fridays for work completed Monday through Friday of
Pablo Management has eight employees, each of whom earns $185 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the eight employees worked Monday December 31 and Wednesday through Friday, January 2, 3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the year-end adjusting entry for wages expense and record payment of the employees' wages on Friday January 4. View transaction list Journal entry worksheet Record the year-end adjusting entry for wages expense. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Pablo Management has eight employees, each of whom earns $185 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the eight employees worked Monday December 31 and Wednesday through Friday, January 2,3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the year-end adjusting entry for wages expense and record payment of the employees' wages on Friday January 4. View transaction list Journal entry worksheet Record payment of the employees' wages on Friday January 4. Note: Enter debits before credits. Date General Journal Debit Credit January 04 Record entry Clear entry View general journal
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