Salaries earned by the club's employees that have not yet been recorded or paid amount to $13,600
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Salaries earned by the club's employees that have not yet been recorded or paid amount to $13,600
Transcribed image text: The Georgia Gun Club adjusts its accounts monthly and closes its accounts annually. Club mem- bers pay their annual dues in advance by January 4. The entire amount is initially credited to Unearned Membership Dues. At the end of each month, an appropriate portion of this amount is credited to Membership Dues Earned. Guests of the club normally pay their fees before being allowed to use the facilities. The amounts collected are credited to Guest Fee Revenue at the time of receipt. Certain guests, however, are billed at the end of the month. The following information is available as a source for preparing adjusting entries at December 31: 1. Salaries earned by the club's employees that have no yer beun recorded or paid amount to $13.600
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