Error JFC 4184 ACC 201 Chapter 3 Assignment\' ×1+ https://newconnect.mheducation

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Error JFC 4184 ACC 201 Chapter 3 Assignment' ×1+ https://newconnect.mheducation.com/flow/connect.html gnment Saved Help Save & Exlt Submit Molly Mocha employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the following Monday. (For example, a student who works Monday through Friday. June 1 through June 5, is paid for that work on Monday, June 8.) The coffee shop adjusts its books monthly, if needed, to show salaries earned but unpaid at month-end. The student works the last week of July, which is Monday, July 28, through Friday. August 1. If the student earns $180 per day, what adjusting entry must the coffee shop make on July 31 to correctly record accrued salaries expense for July? View transaction list Journal entry worksheet Record the salaries incurred but not yet paid.

Explanation / Answer

Event General Journal Debit Credit 1 Salaries expense($180 * 4) $720 Salaries payable $720

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