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The total weekly payroll for Brothers Auto Repairs Ltd. is $4,600 ($920 per day). The payroll is paid every Saturday for employee salaries earned during
The total weekly payroll for Brothers Auto Repairs Ltd. is $4,600 ($920 per day). The payroll is paid every Saturday for employee salaries earned during the same five-day workweek (Monday through Friday, inclusive). Salaries were last paid on Saturday, September 25. This year the company's year end, September 30, falls on a Thursday. Salaries will be paid next on Saturday, October 2. Prepare the journal entry for payment of the salaries on October 2. (List all debit entries before credit entries. Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Oct. 2 Salaries Expense Debit 3680 Credit
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