Entries posted to wages expense account Portions of the wages expense account of a business follow: Account
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Entries posted to wages expense account Portions of the wages expense account of a business follow:
Account Wages Expense Account No. 53 Date Item Post.
Ref. Dr. Cr.
Balance Dr. Cr.
20Y8 Dec. 26 (1) 125 15,400 800,000 31 (2) 126 9,250 809,250 31 (3) 127 809,250 — —
20Y9 Jan. 1 (4) 128 9,250 9,250 2 (5) 129 14,800 5,550
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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