Barnes Company has 20 employees who are each paid $80 per day for a 5-day workweek.The employees are paid each Friday.This year the accounting period ends on Tuesday.Prepare the December 31 year-end adjusting journal entry Barnes Company should make to accrue salaries.

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The Answer of Barnes Company has 20 employees who are each paid $80 per day for a 5-day workweek.The employees are paid each Friday.This year the accounting period ends on Tuesday.Prepare the December 31 year-end adjusting journal entry Barnes Company should make to accrue salaries.

Barnes Company Has 20 Employees Who Are Each Paid $80