A business pays its employees' monthly salaries of $20,000,half on the 15 th day of each month,and half on the first day of the following month.
-It is now October 15,and the business pays out $10,000 in salaries.Please provide the journal entry for that payment.
$$\begin{array} { | l | r | r | }
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

Question

A business pays its employees' monthly salaries of $20,000,half on the 15 th day of each month,and half on the first day of the following month.
-It is now October 15,and the business pays out $10,000 in salaries.Please provide the journal entry for that payment.
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of A business pays its employees' monthly salaries of $20,000,half on the 15 th day of each month,and half on the first day of the following month.
-It is now October 15,and the business pays out $10,000 in salaries.Please provide the journal entry for that payment.
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

A Business Pays Its Employees' Monthly Salaries of $20,000,half on the 15th

A Business Pays Its Employees' Monthly Salaries of $20,000,half on the 15^th