Home /
Expert Answers /
Accounting /
27-pablo-management-has-four-employees-each-of-whom-earns-180-per-day-they-are-paid-on-fr-pa284
(Solved): 27 Pablo Management has four employees, each of whom earns \( \$ 180 \) per day. They are paid on Fr ...
27
Pablo Management has four employees, each of whom earns \( \$ 180 \) per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the four employees worked Monday, December 31 , and Wednesday, Thursday, and Friday, January 2, 3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the December 31 year-end adjusting entry for wages expense and record payment of the employees' wages on Friday, January 4.