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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
At December 31, your company owes employees for three days of the five-day workweek. The total payroll for the week is $7,800. What journal entry should you make at December 31?
Nothing because you will pay the employees on Friday.
Salary expense
Salary payable
Salary payable
Salary expense
Salary expense
Salary payable
7,800
4,680
4,680
7,800
4,680
4,680
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