Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 4.00

five-day workweek.

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

 

Salary payable

4,680

b.

Salary payable

4,680

 

Salary expense

4,680

c.

Salary expense

7,800

 

Salary payable

7,800

 

Answers

(5)
Status NEW Posted 24 Sep 2017 11:09 PM My Price 4.00

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