A company pays each of its two office employees each friday


A company pays each of its two office employees each Friday at the rate of $270 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is:

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Accounting Basics: A company pays each of its two office employees each friday
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