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

Question

Magdalena Case

Business

30 July, 15:20

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

+3

Answers (1)

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Aidyn Mclean · Answer 1

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