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Chelsea Services Company Pays Its Staff Their Wages Every Friday

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Chelsea Services Company pays its staff their wages every Friday. The staff works a five-day work week and the payroll amounts to $25,000 per week. The last day of January fell on a Tuesday, and an adjustment entry was made on that date to accrue wage expense. On Friday, February 3, Chelsea Company pays out $25,000 in wages as usual. Please provide the entry needed at the time the wages are paid.
Chelsea Services Company pays its staff their wages every Friday. The staff works a five-day work week and the payroll amounts to $25,000 per week. The last day of January fell on a Tuesday, and an adjustment entry was made on that date to accrue wage expense. On Friday, February 3, Chelsea Company pays out $25,000 in wages as usual. Please provide the entry needed at the time the wages are paid.


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