Adjustment Entry for Accrued Salaries
Debit | Credit | |
Salaries Expenses | 4,350 | |
Salaries Payable | 4,350 |
Salaries Payables ( For Monday to Wednesday , 3 Days ) =( 7,250 / 5 )*3 = $4,350
Adjustment for Accrued Expense We-Sell Realty Co. pays weekly salaries of $7,250 on Friday for a...
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