WTI’s two employees are paid weekly. As of the end of the year, two days salarie
ID: 2609410 • Letter: W
Question
WTI’s two employees are paid weekly. As of the end of the year, two days salaries have acurred at the rate of $100 per day for each employee. WTI’s two employees are paid weekly. As of the end of the year, two days salaries have acurred at the rate of $100 per day for each employee. WTI’s two employees are paid weekly. As of the end of the year, two days salaries have acurred at the rate of $100 per day for each employee. WTI’s two employees are paid weekly. As of the end of the year, two days salaries have acurred at the rate of $100 per day for each employee.Explanation / Answer
Accrued salaries : 2 days *100 per day *2 employees = 400
entry:
Account Debit credit salaries and wage expense 400 salaries and wage payable 400 [Being salary accrued for 2 days]Related Questions
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