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Pine Park Senior Center has a weekly payroll of $22.500 December 31 falls on Tuesday, and Pine Park Senior Contor will pay its employees
Pine Park Senior Center has a weekly payroll of $22.500 December 31 falls on Tuesday, and Pine Park Senior Contor will pay its employees the following Monday (January 6) for the previous full week Pino Park Senior Center has a live-day workweek and has an unadjusted balance in Salaries Expense of $570,000 Read the requirements Requirement 1. Record the adjusting entry for accrued salaries on December 31 (Record debits first, thon Date Accounts and Explanation Dec. 31 Salaries Expense Salaries Payable Debit Credit 9,000 9,000 Requirements 4 1. Record the adjusting entry for accrued salanes on December 31 2. Post the adjusting entry to the accounts involved, and show the balances after adjustments 3. Record the journal entry for payment of salaries made on January To accrue salanes expense Requirement 2. Post the adjusting entry to the accounts evolved, and show their balances after adjustmen Post the adjustment to the two accounts using a "Dec 31" posting reference, and then calculate and enter account Salaries Payable Salaries Expense Unad Ba 570,000 Print Done
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