jolene0879
Jun 11, 2010, 06:27 PM
Basil Company has a five-day workweek and pays salaries of $70,000 each Friday.
1. Prepare the adjusting entry required om May 31, assuming that June 1 falls on a Wednesday.
2. Prepare the entery to pay the salaries on June 3, including the amount of salaries payable from requirement 1.
1. Prepare the adjusting entry required om May 31, assuming that June 1 falls on a Wednesday.
2. Prepare the entery to pay the salaries on June 3, including the amount of salaries payable from requirement 1.