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A Business Pays Its Employees' Monthly Salaries of $20,000, Half

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A business pays its employees' monthly salaries of $20,000, half on the 15th day of each month, and half on the first day of the following month. It is now October 31, and the business must make an adjusting
entry to accrue salaries for the second half of October. Please provide that adjusting entry.
A business pays its employees' monthly salaries of $20,000, half on the 15<sup>th</sup> day of each month, and half on the first day of the following month. It is now October 31, and the business must make an adjusting entry to accrue salaries for the second half of October. Please provide that adjusting entry.


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