Answer:
The journal entry for the following is shown below:
Step-by-step explanation:
The journal entry for the salary which is paid on January 3 is as:
January 3
Salaries expense A/c..........................Dr $30,000
Cash A/c..............................................Cr $30,000
As the salary is paid worth $30,000, so the salary expense is decreasing and any decrease in expense is debited. Therefore, the salary expense account is debited. And it paid against the cash and the cash is going out of the business and any decrease in cash will be credited. Therefore, the cash account is credited.