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1 2 The following totals for the month of June were taken from the payroll register of Bonita Company. The journal entry to record the
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The following totals for the month of June were taken from the payroll register of Bonita Company. The journal entry to record the monthly payroll on June 30 would include a debit to Salaries and Wages Payable for $80500. debit to Salaries and Wages Expense for $80500. debit to Salaries and Wages Expense for $52463. credit to Salaries and Wages Payable for $80500. The following totals for the month of June were taken from the payroll register of Coronado Company. The entry to record the payment of net payroll would include a debit to Salaries and Wages Payable for $49969. debit to Salaries and Wages Payable for $49299. debit to Salaries and Wages Payable for $54369. credit to Cash for $49969
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