Construct any necessary adjusting journal entries


Problem

Glenn Company has an accounting fiscal year that ends on APRIL 30. The company also has a policy of paying the weekly payroll on Friday. Payroll records indicate the following salary costs were incurred.

                                  Date                      Amount
Monday                     APRIL 28                $3,000
Tuesday                    APRIL 29                3,800
Wednesday               APRIL                     30 3,300
Thursday                   MAY 1                     3,500
Friday                        MAY 2                     2,400

i. Construct any necessary adjusting journal entries that should be made at year-end on APRIL 30.

ii. Construct the journal entry to record the payment of the weekly payroll on MAY 2.

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Financial Accounting: Construct any necessary adjusting journal entries
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