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There are 18 employees working for Universal Maintenance Co.. They are paid every second Monday for 10 workdays ending the preceding Friday. The total for all employee salaries is $10,800. Universal Maintenance Co.'s employee's were last paid on Monday January 31, 2011, and will be paid again on Monday February 14, 2011.

Fill in the journal below to reflect
a.The accrued adjustment on January 31
b.The transaction on the February 14 payday.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9982556

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