Question
Hi! How to entry this? (Accrual basis) Paid the helper the $1,000 owed from works done in May (the amount owed is in Accounts Payable).
Hi! How to entry this? (Accrual basis)
Paid the helper the $1,000 owed from works done in May (the amount owed is in Accounts Payable).
The recorded Account Payable on balance sheet is only $300. Kindy explain how did you arrive with the entry. Thanks!
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The Quest For A Science Of AccountingAn Anthology Of The Research Of Robert R. Sterling
Authors: Thomas A. Lee, Peter W. Wolnizer
1st Edition
0367698196, 9780367698195
