es Molly Mocha employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the following Monday. (For example, a student who works Monday through Friday, June 1 through June 5, is paid for that work on Monday, June 8.) The coffee shop makes an adjusting entry each month to show salaries earned but unpaid at month-end. The student works the last week of July, which is Monday, July 28, through Friday, August 1. If the student earns $190 per day, what adjusting entry must the coffee shop make on July 31 to correctly record accrued salaries expense for July? View transaction list Journal entry worksheet < 1 Record the salaries incurred but not yet paid. Note: Enter debits before credits. Date July 31 Record entry General Journal Clear entry Debit Credit View general Journal
es Molly Mocha employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the following Monday. (For example, a student who works Monday through Friday, June 1 through June 5, is paid for that work on Monday, June 8.) The coffee shop makes an adjusting entry each month to show salaries earned but unpaid at month-end. The student works the last week of July, which is Monday, July 28, through Friday, August 1. If the student earns $190 per day, what adjusting entry must the coffee shop make on July 31 to correctly record accrued salaries expense for July? View transaction list Journal entry worksheet < 1 Record the salaries incurred but not yet paid. Note: Enter debits before credits. Date July 31 Record entry General Journal Clear entry Debit Credit View general Journal
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 1CP
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Transcribed Image Text:Molly Mocha employs one college student every summer in her coffee shop. The student works the five weekdays and is paid on the
following Monday. (For example, a student who works Monday through Friday, June 1 through June 5, is paid for that work on Monday,
June 8.) The coffee shop makes an adjusting entry each month to show salaries earned but unpaid at month-end. The student works
the last week of July, which is Monday, July 28, through Friday, August 1. If the student earns $190 per day, what adjusting entry must
the coffee shop make on July 31 to correctly record accrued salaries expense for July?
Mc
Graw
Hill
View transaction list
Journal entry worksheet
( 1
Record the salaries incurred but not yet paid.
Note: Enter debits before credits.
Date
July 31
Record entry
General Journal
Clear entry
Debit
< Prev
Credit
View general Journal
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