Pelican Company made a December 31 adjusting entry to debit 1 answer below »

Pelican Company made a December 31 adjusting entry to debit 1 answer below »

Pelican Company made a December 31 adjusting entry to debit Salaries Expense and credit Salaries Payable for $3,600. On January 2, Pelican paid the weekly payroll of $6,000. Prepare Pelican’s
(a) January 1 reversing entry;
(b) January 2 entry (assuming the reversing entry was prepared); and
(c) January 2 entry (assuming the reversing entry was not prepared).

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