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    jenyzel's Avatar
    jenyzel Posts: 1, Reputation: 1
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    #1

    Aug 13, 2012, 08:16 AM
    Adjusting entry for salary payable
    Payroll for the five-day workweek, to be aid on Friday, is P140,000. The last day of the period is a Wednesday.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Aug 13, 2012, 11:18 AM
    First you need to figure out how much for salaries for 3 days. So take your amount given times 3/5.

    Your accounts for the adjusting entry will be Salaries Expense and Salaries Payable.
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