Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 33

Adjusting entries for accrued salaries
Ocular Realty Co. pays weekly salaries of $16,600 on Friday for a five-day workweek 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.