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Yellow's employees are paid in cash each Friday for that week's work and the cash payment of the payroll is recorded in the accounting system.
Yellow's employees are paid in cash each Friday for that week's work and the cash payment of the payroll is recorded in the accounting system. The last payday of June was on Friday, June 27, 2020. The employees worked on Saturday June 28th, Sunday June 29th, and Monday June 30th On June 28 the employees earned $1,800. On June 29 the employees earned $1,600. On June 30 the employees earned $1,100. On June 1, 2020 the beginning balance in Yellow's Wages Payable account was $0. Select the adjusting entry related to wages that Yellow should make as of June 30, 2020: Account Name Debit Credit
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