Chelsea Services Company pays its staff their wages every Friday. The staff works a five-day work week and the payroll amounts to $25,000 per week. The last day of January falls on a Tuesday, and an adjustment entry is needed to accrue wage expense as of January 31. Please provide that entry.

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The Answer of Chelsea Services Company pays its staff their wages every Friday. The staff works a five-day work week and the payroll amounts to $25,000 per week. The last day of January falls on a Tuesday, and an adjustment entry is needed to accrue wage expense as of January 31. Please provide that entry.

Chelsea Services Company Pays Its Staff Their Wages Every Friday