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23 March, 05:27

Crane Tables paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1300 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January?

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  1. 23 March, 08:13
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    Jan 31. Wages Expense 3900 Dr

    Wages Payable 3900 Cr

    Explanation:

    1300 per day wage

    3 days

    1300 x 3 = 3900
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