Question: i wonder if you can help me do this exercise 14) Shelley Ltd pays its salaries fortnightly in arrears. The next pay day is Thursday

i wonder if you can help me do this exercise

14) Shelley Ltd pays its salaries fortnightly in arrears. The next pay day is Thursday 2 July. The fortnightly salary expense is $30 000, of which $10 000 is retained to pay the Australian Taxation Office on behalf of the employees. Payments to the ATO are made every second Monday, with the next payment being made on Monday 6 July. Shelley Ltds reporting period ends on 30 June.

REQUIRED

Provide the journal entries in the books of Shelley Ltd for:

(a) 30 June

b) (2 July

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