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Question 3 [8 points] There are 29 employees working for Segura Corporation. They are paid every second Monday for 10 workdays ending the preceding Friday.
Question 3 [8 points] There are 29 employees working for Segura Corporation. They are paid every second Monday for 10 workdays ending the preceding Friday. The total for all employee salaries is $46,400. Segura Corporation's employee's were last paid on Monday April 28, 2014, and will be paid again on Monday May 12, 2014. ill in the journal below to reflect a. The accrued adjustment on April 30 b. The transaction on the May 12 payday. Enter the transaction letter (a) or (b) as the description. Dates must be entered in the format dd/mmm (ie. 15/Jan.) General Journal Page GJ8 Date Account/Explanation F Debit Credit 30/Apr Salaries Expense Salaries Payable. a 12/May Salaries Expense + 9 Salaries Payable Cash b
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