Question
At the end of 2020 , the new accountant discovered that in January 2019 , the company accrued sales wages of $58,000 in excess of
At the end of 2020, the new accountant discovered that in January 2019, the company accrued sales wages of $58,000 in excess of the correct amount.
What are the tax implications of this journal entry?
Retained Earnings $58,000
sales wages $58,000
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Cost Accounting
Authors: Srivastava Lal, Jawahar Lal
5th Edition
1259026523, 978-1259026522
