Question: Lakia rowell employs one college student every summer in her

Lakia Rowell employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the following Monday. (For example, a student who works Monday through Friday, June 1 through June 5, is paid for that work on Monday, June 8.) Rowell adjusts her books monthly, if needed, to show salaries earned but unpaid at month-end. The student works the last week of July—Friday is August 1. If the student earns $100 per day, what adjusting entry must Rowell make on July 31 to correctly record accrued salaries expense for July?

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  • CreatedMarch 18, 2015
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