Question: Adjusting entries for accrued salaries Stenberg Realty pays weekly salaries of $ 3 1 , 5 0 0 on Friday for a five - day

Adjusting entries for accrued salaries
Stenberg Realty pays weekly salaries of $31,500 on Friday for a five-day workweek ending on that day.
a. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Tuesday.
b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Wednesday.

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