Preparing Adjusting and Closing Entries Across Two Periods Norton Company closes its accounts on December 31 each year. The company works a five-day work week and pay its employees every two weeks. On December 21, 2015. Nonon acced $1,80 payable. On January 7, 2016, the company paid salaries of $4,800 cash to employees Prepare journal entries to: (a) Accrue the salaries payable on December 31: Dec. 31 General Journal Description Debit Credit To record accrued salanes (b) Close the Salaries Expense account on December 31 (the account has a year-end balance of $100,000 after adjustments) General Journal Description Dec 31 To dose the Salaries Expense account (c) Record the salary payment on January 7 Debit Credic General Journal Description Debit Credit Jan 7 Salaries Payable 0 0 0 0 0 01 To record payment of salaries To record scored salaries (b) Close the Salaries Expense account on December 31 (the account has a year-end balance of $100,000 after adjustments). Dec. 31 General Journal Description To dose the Salaries Expense account (c) Record the salary payment on January 7. Debit Credit General Journal Description Debit Credit Jan 7 Salaries Payable 0 0 0 D 0 0 To record payment of salaries Please answer all parts of the question. Previous Save Answers 0