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Provide journal entries in the books of shelly ltd for june

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Reference no: EM132645782

Shelly Ltd pays its salaries fortnightly in arrears. The next pay day is Thursday 2 July. The fortnightly salary is $30 000, of which $10 000 is retained to pay the ATO on behalf of the employees. Payments to the ATO are made every second Monday, with the next payment being made on Monday 6 July. Shelly Ltd's reporting date is 30 June.

Problem 1: Provide the journal entries in the books of Shelly Ltd for:

A) 30 June

B) 2 July

C) 6 July

Reference no: EM132645782

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