(Answered) Question salary payment and accrual during the fiscal year

Accounting

Question: (Salary payment and accrual) During the fiscal year ended June 30, 2013, Harmon School District) paid salaries of $2,160,000, chargeable to the instruction appropriation. Instruction salaries for the last biweekly pay period in June 2013, amounting to $120,000, will be paid on July 5, 2013. Prepare entries to record instruction salary expenditures for fiscal year 2013.

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