The company has 15 employees, who earn a total of $2,600 in salaries each working day....

 

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The company has 15 employees, who earn a total of $2,600 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31 is a Tuesday, and all 15 employees worked the first two days of that week. Note: Enter debits before credits. Transaction General Journal C. Salaries expense Salaries payable Debit Credit The company has 15 employees, who earn a total of $2,600 in salaries each working day. They are paid each Monday for their work in the five-day workweek ending on the previous Friday. Assume that December 31 is a Tuesday, and all 15 employees worked the first two days of that week. Note: Enter debits before credits. Transaction General Journal C. Salaries expense Salaries payable Debit Credit