A business paid by weekly salaries of 20,000 every other Friday for a 10-day period ending on that day.did Justin entry necessary at the end of the fiscal period ending on the second Wednesday of the pay period includes a A. Credit to salaries payable of $16,000 B. Debit to salaries payable of $8,000 C. Credit to salary expense of $16,000 D. Debit to salary expensive 8,000
A business paid by weekly salaries of 20,000 every other Friday for a 10-day period ending on that day.did Justin entry necessary at the end of the fiscal period ending on the second Wednesday of the pay period includes a A. Credit to salaries payable of $16,000 B. Debit to salaries payable of $8,000 C. Credit to salary expense of $16,000 D. Debit to salary expensive 8,000
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter3: Processing Accounting Information
Section: Chapter Questions
Problem 3.12MCE: Determining an Ending Account Balance Jessies Accounting Services was organized on June 1. The...
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A business paid by weekly salaries of 20,000 every other Friday for a 10-day period ending on that day.did Justin entry necessary at the end of the fiscal period ending on the second Wednesday of the pay period includes a
A. Credit to salaries payable of $16,000
B. Debit to salaries payable of $8,000
C. Credit to salary expense of $16,000
D. Debit to salary expensive 8,000
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