Answer to Question #47162 in Finance for Felisia Fitri Anita
ending on that day. Journalize the necessary adjusting entry at the end of the accounting
period assuming that the period ends (a) on Wednesday and (b) on Thursday.
(a) on Wednesday
Dr Salaries expense $2,220 (at $740 a day)
Cr Salaries payable $2,220
(b) on Thursday
Dr Salaries expense $2,960
Cr Salaries payable $2,960
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