The Adjusting Entry to Record the Earned but Unpaid Salaries

question 59

Short Answer

The adjusting entry to record the earned but unpaid salaries of employees at the end of the accounting period is:

---

Definitions:

Compulsion

An irresistible urge to perform an irrational or unnecessary act or behavior repeatedly.

Obsession

A persistent, intrusive, and unwanted thought or impulse that causes significant distress or anxiety.

Delusion

A false belief, not generally shared by others in the culture.

Phobia

A persistent, irrational fear of some specific object, situation, or activity that poses little or no real danger.