Question: need #4 E B A 1 2 3 Arroy Company pays its employees every Friday. The last payment made in December 2020 was for work
E B A 1 2 3 Arroy Company pays its employees every Friday. The last payment made in December 2020 was for work completed through December 25. Weekly payroll has averaged about $42,000 for each 5-day work week. What adjusting entry will Arroy make for salaries at the end of 2020? 5 7 B 9 TO 12 12 4 What entry will Arroy make when employees are paid on the first Friday in 2021. If no reversing entry is made? What reversing entry might Arroy make? if the reversing entry is made, what will be the payroll entry? 13 15 15 17 18 19
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
