Question
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 Years 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. Journal entry worksheet Record the year-end adjusting entry for wages expense. Note: Enter debits before credits. Date General Journal Debit Credit December 31
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