Every Friday, Kylies Recruiting Services records its employees weekly salaries of $20,000 per week ($4,000 per day,

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Every Friday, Kylie’s Recruiting Services records its employees’ weekly salaries of $20,000 per week ($4,000 per day, Monday through Friday). Employees are paid the following week on Thursday.


Required
a. Prepare the general journal entry on Friday, September 30 to record the salaries expense for the last five days in September.
b. Prepare the general journal entry on Thursday, October 6 to record payment of the prior week’s salaries.

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Related Book For  book-img-for-question

College Accounting A Practical Approach

ISBN: 9780135222416

14th Canadian Edition

Authors: Jeffrey Slater, Debra Good

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