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Page 6-43 Adjusting Entries: Employer holds back one week pay. Period Ending 31-Mar Pay date 7-Apr Hourly Rate $23.00 OT Rate 1.50 Hours worked 48

Page 6-43 Adjusting Entries: Employer holds back one week pay. Period Ending 31-Mar Pay date 7-Apr Hourly Rate $23.00 OT Rate 1.50 Hours worked 48 Calculate Regular pay Overtime pay Gross Pay Complete adjusting entry to accrue wages: DR Salary $- CR Salary Payable $-

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