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Pablo Management has nine employees, each of whom earns $195 per day. They are paid on Fridays for work completed Monday through Friday of the
Pablo Management has nine employees, each of whom earns $195 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year end, the nine employees worked through December 31, and Wednesday, Thursday, and Friday, January 2,3,4. New Years Day (January 1) was an unpaid holiday
Prepare the December 31 year end adjusting entry for wages expense and record payment of the employees wages on Friday January 4
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