please see attachment. 1. Assuming a five day work week , Subic HinGin should record a liability at december 31, 2019 for accrued salaries of?

3. Subic HonGin Co. pays all salaried workers on a biweekly scheme. Overtime pay, however, is paid in the next biweekly period. Subic HonGin accrues salaries expense only at its December 31 year-end. Data relating to salaries earned in December 2019 are as follows: Last payroll was paid on Dec 26, 2019, for the 2-week period ended Dec 26, 2019. Overtime-pay earned in the 2-week period ended December 26, 2019 was P120,000. Remaining work days in 2019 were December 27, 28, 29, 30 on which days there was no overtime. The recurring biweekly salaries total P1,500,000.00. Assuming a five-day work week, Subic HonGin should record a liability at December 31, 2019 for accrued salaries of