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Total weekly salaries expense for all employees is $9,000. This amount is paid at the end of the day on Friday of each five-day
Total weekly salaries expense for all employees is $9,000. This amount is paid at the end of the day on Friday of each five-day workweek. April 30 falls on Tuesday, which means that the employees had worked two days since the last payday. The next payday is May 3. Prepare the required adjusting entry, if any. Note: Enter debits before credits. General Journal Date April 30 Salaries expense Salaries payable Debit Credit 9,000 9,000
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