Question

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?

Answer 1

Jan 31. Wages Expense 3900 Dr

Wages Payable 3900 Cr

Step-by-step explanation:

1300 per day wage

3 days

1300 x 3 = 3900