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please answer this, only have 25 minutes so please be quick! thank you there are 3 parts! The total weekly payroll for Spruce Auto Repairs
please answer this, only have 25 minutes so please be quick! thank you there are 3 parts!
The total weekly payroll for Spruce Auto Repairs Ltd. is $4,750 ($950 per day). The payroll is paid every Saturday for employee salaries earned during the same five-day workweek (Monday through Friday, inclusive) Salaries were last paid on Saturday, September 25. This year the company's year end, September 30, falls on a Thursday. Salaries will be paid next on Saturday, October 2. Prepare the journal entry for payment of the salaries on September 25. (List all debit entries before credit entries. Credit account titles are automatically intended when the amount is entered. Do not Indent manually. If no enby is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Sep. 25 Salaries Expense Prepare the journal entry for the adjustment to accrue salaries at September 30. (List all debit entries before credit entries. Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Sep. 30 List of Accounts Prepare the journal entry for payment of the salaries on October 2. (List all debit entries before credit entries Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Debit Credit Date Account Titles and Explanation Oct 2 Step by Step Solution
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