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    karaab's Avatar
    karaab Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 29, 2012, 07:00 PM
    Need help fast
    A company has two employees that get paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

    I need to put ^^ in a General Journal
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jan 30, 2012, 07:48 AM
    Debit Salaries Expense or Wages Expense for 400 ($100 daily rate * 2 employees * 2 days)
    Credit Salaries Payable or Wages Payable for 400
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