Ski Master Company pays weekly salaries of $3,100 on Friday for a five-day week ending...

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Accounting

Ski Master Company pays weekly salaries of $3,100 on Friday for a five-day week ending on that day.

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Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday. Refer to the Chart of Accounts for exact wording of account titles.

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Journalize the necessary adjusting entry on December 31, assuming that the period ends on Wednesday. Refer to the Chart of Accounts for exact wording of account tities. PAGE 1 JOURNAL DATE POST. REF DEBIT CREDIT

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