(Solved): Prior to adjustment on August 31, Salary Expense has a debit balance of \( \$ 315,060 \). Salaries ...

Prior to adjustment on August 31, Salary Expense has a debit balance of \( \$ 315,060 \). Salaries owed but not paid as of the same date total \( \$ 2,760 \). Journalize the entries to record the following: a. Accrued salaries as of August 31. If an amount box does not require an entry, leave it blank. b. The effect of closing Salary Expense as of August 31. If an amount box does not require an entry, leave it blank:. Prior to adjustment on August 31, Salary Expense has a debit balance of \( \$ 315,060 \). Salaries owed but not paid a Journalize the entries to record the following: a. Accrued salaries as of August 31. If an amount box does not require an entry, leave it blank. Account Debit Credit Accounts Payable Cash Retained Earnings b. Salaries Payable Salary Expense as of August 31. If an amount box does not require an entry, leave it blank