Answer:
Salaries expense A/c Dr $15,400
To Salaries payable A/c $15,400
(Being the accrued salaries is recorded)
Explanation:
The adjusting entry is shown below
Salaries expense A/c Dr $15,400
To Salaries payable A/c $15,400
(Being the accrued salaries is recorded)
The computation is shown below:
= $22,000 × 7 days ÷ 10 days
= $15,400
The 10 days is comprised of 2 weeks that reflects 5 days in one week as it is given every other Friday
Out of which, 3 days are already taken from July 1 to July 3
