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Sagot :
The adjusting entry is shown below:
Salaries expense A/c $6,600
To Salaries payable A/c $6,600
(Being salary is adjusted)
The salaries expense is computed by
= Total salary each day × number of days
= $2,200 × 3 days
= $6,600
The 3 days is computed from Monday to Wednesday
And for correct posting, we debited the salaries expense account and credited the salaries payable account.
What is Salary Payable and Salary Expense?
Salaries expense is how much an employee earned in salary. Salaries payable refers only to the amount of salary pay that employers have not yet distributed to employees.
Since Salaries are an expense, the Salary Expense is debited.
Correspondingly, Salaries Payable are a Liability and is credited on the books of the company.
Learn more about Salary Payable and Expenses on:
brainly.com/question/14299088
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