On December 31,2015,employees who earn $500 per day have worked eight days and will be paid on January 6,2016.The adjusting entry on December 31,2015,includes a debit to Salaries Expense for $4,000.

Question

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Since employees have worked eight days and earn $500 per day, their total salary expense for these eight days would be $4,000. Therefore, the adjusting entry on December 31, 2015 would include a debit to salaries expense for $4,000.

On December 31,2015,employees Who Earn $500 Per Day Have Worked