Entries posted to wages expense account Portions of the salaries expense account of a business follow: Account
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Entries posted to wages expense account Portions of the salaries expense account of a business follow:
Account Salaries Expense Account No. 62 Date Item Post.
Ref. Dr. Cr.
Balance Dr. Cr.
20Y6 Dec. 27 (1) 29 22,000 1,200,000 31 (2) 30 13,200 1,213,200 31 (3) 31 1,213,200 — —
20Y7 Jan. 1 (4) 32 13,200 13,200 2 (5) 33 24,000 10,800
a. Indicate the nature of the entry (payment, adjusting, closing, reversing) from which each numbered posting was made.
b. Journalize the complete entry from which each numbered posting was made.
AppendixLO1
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Related Book For
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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