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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
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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?
a. Nothing because you will pay the employees on Friday.
|
b. |
Salary expense |
4,680 |
| Â |
Salary payable |
4,680 |
|
b. |
Salary payable |
4,680 |
| Â |
Salary expense |
4,680 |
|
c. |
Salary expense |
7,800 |
| Â |
Salary payable |
7,800 |
Â
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