The Entry To Adjust The Accounts For Salaries Accrued At The End of The Accounting Period Is
T he adjusti ng entry to adjust t he Accrued Salaries or Outsta nding Salaries or Salaries Payab le is recorded as show n b elow: Salaries Expe nse a/c XXX Accrued Salaries a/c XXX (Salaries Accrued for t he period) At the time of recordi ng accrued salaries, whe n t he compa ny received t he services from employees b ut still the amou nt of salaries is not paid to employees during t he accou nting period, t he n t here is a need to record adjusting entry for salaries not p...