Ouellette pays its employees a total of $7,100 every second Thursday. Employees work a five-day week, Monday to Friday, and are paid for all statutory holidays. December 31, 2011, is a Saturday. Employees were paid on Thursday, December 22, 2011, (for the pay period starting Friday, December 9 ending Thursday, December 22) and will be paid again on Thursday, January 5, 2012 (for the pay period starting on Friday December 23, ending on Thursday January 5).
Which is the adjustment entry?
