Reviewing payroll records indicates that employee salaries that are due to be paid on January 3 include $5,000 in wages for the last week of December. There was no previous balance in the Salaries Payable account at that time. Based on the information provided, make the December 31 adjusting journal entry to bring the balances to correct. If an amount box does not require an entry, leave it blank. Dec. 31

Question
Reviewing payroll records indicates that employee salaries that are due to be paid on January 3 include $5,000 in wages for the last week of December.
There was no previous balance in the Salaries Payable account at that time.
Based on the information provided, make the December 31 adjusting journal entry to bring the balances to correct. If an amount box does not require an
entry, leave it blank.
Dec. 31
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Reviewing payroll records indicates that employee salaries that are due to be paid on January 3 include $5,000 in wages for the last week of December. There was no previous balance in the Salaries Payable account at that time. Based on the information provided, make the December 31 adjusting journal entry to bring the balances to correct. If an amount box does not require an entry, leave it blank. Dec. 31

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