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olya-2409 [2.1K]
4 years ago
12

Assume that an adjusting entry was made on November 30, 2018 for earned, but unpaid employee salaries of $260 which represented

2 days of salaries earned for November 29-30.
On December 5, the employees are paid for five days. Record the journal entry on December 5 assuming that reversing entries ARE NOT used by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.

Note: Enter debits before credits.

Date General Journal Debit Credit
12/05 Salaries expense
Salaries payable 260
Business
1 answer:
marishachu [46]4 years ago
5 0

Answer:

05 Dec Debit salary  650 credit bank 650

if the 30 Nov sales are paid then

Debit wages payable 260 Credit bank 260

Explanation:

to get a day's wage we take 26 /2 = 130

the five days = 130*5 = 650

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