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    This post addresses journal entries for Shelly Ltd. salaries

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    Shelley Ltd its salaries fortnightly in arrears.The next pay day is Thursday 2 July .The fortnightly salary is $30000,of which $10000 is retained to pay the Australian Tax Office on behalf of the employees. Payments to the ATO are made every Second Monday, with the next payment being made on Monday 6 July. Shelley Ltd's reporting date is 30 June.

    Required

    Provide the Journal entries in the books of Shelley Ltd for:
    a). 30 June
    b). 2 July
    c). 6 July

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    https://brainmass.com/business/journal-entries/post-addresses-journal-entries-shelly-ltd-salaries-470852

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    Shelley Ltd its salaries fortnightly in arrears.The next pay day is Thursday 2 July .The fortnightly salary is $30,000,of which $10,000 ...

    Solution Summary

    The solution provides all journal entries needed for Shelly Ltd. and their salaries expenses.

    $2.49

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