Acoounting Principles

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Hurly, an employee of Corp., will not receive his paycheck until April 2. Based on Services performed from March 15 to March 30, his salary was $800. What is the adjusting entry for Corp at the end of March?

Oct 14th, 2015

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Debit: Salary Expense 800

Credit: Cash 800

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Oct 14th, 2015

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Oct 14th, 2015
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