Prospect Realty Co. pays weekly salaries of $17,920 on Monday for a six-day workweek ending...
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Accounting
Prospect Realty Co. pays weekly salaries of $17,920 on Monday for a six-day workweek ending the preceding Saturday.
Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday, July 31. Refer to the Chart of Accounts for exact wording of account titles. Round your answer to the nearest dollar.
The correct account titles are Salaries Expense and Salaries Payable That is as far as Ive been able to get
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