A Business Pays Its Employees' Monthly Salaries of $20,000,half on the 15^th

question 150

Essay

A business pays its employees' monthly salaries of $20,000,half on the 15^th day of each month,and half on the first day of the following month.
-It is now October 15,and the business pays out $10,000 in salaries.Please provide the journal entry for that payment.
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Definitions:

Cuboidal Epithelium

A type of epithelial tissue with cube-shaped cells, often found lining glands and ducts, involved in secretion and absorption.

Acetylcholine

A neurotransmitter that plays a role in muscle movement and various brain functions.

Norepinephrine

Neurotransmitter substance released from most of the postganglionic neurons of the sympathetic division; hormone released from the adrenal cortex that increases cardiac output and blood glucose levels; also called noradrenaline.

Myenteric Plexus

A network of neurons located between the layers of the gastrointestinal tract, playing a crucial role in the regulation of digestive tract motility.