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Solve Part 3, the options for accounts are the following: cash, prepaid salaries, revenues, salaries expense, salaries payable; the options for the explanation are: to
Solve Part 3, the options for accounts are the following: cash, prepaid salaries, revenues, salaries expense, salaries payable; the options for the explanation are: to accrue salaries expense, to record payment of salaries, to record salaries paid in advance.; you may have to zoom in to see the problem clearly.
fe-day workweek and has an unadjusted Pine Park Senior Center has a weekly payroll of $16,000. December 31 falls on Wednesday, and Pine Park Seior Center will pay its employees the folowing Monday (January 5) for the previous full week. Assume Pine Park Senior Center has balance in Salaries Expense of $820.000. Read the requirament Date Accounts and Explanation Debit Credit Dac 31 Salanies Expense .000 alarea Payable D,000 To acorue calaries expense. Requirement 2. Post the adjusting entry to the accounts involved.and show their belances after adjustments Post the qunment to the two accounts uang a "Dec. 31. posting retarance, and then calculate and entertna encing balanca ofthe accounts using a .Bal." posting raferenca or the appropriate of aon account. Salaries Expensie 9.000 Dec. 31 Unad. Eal. Dac. 31 0,000 ,000 Bal Requirement 3. Record th journa en for payment of salares mode on January 5. (Record debts first, then credits. Select the explanation on the last line ofthe loumal entry table.) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields nd then click CheckStep by Step Solution
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