Question
How do I record this adjusting item into the General Journal for Accounting? The Business hires 6 employees. Each employee is paid $2200 per fortnight
How do I record this adjusting item into the General Journal for Accounting?
The Business hires 6 employees. Each employee is paid $2200 per fortnight [PAYG withheld of $310]. At the end of the month, the business owed 1-week worth of wages that has yet to be recorded.
I have the Unadjusted trial balance for the month ending 31 Jan 2018 also.
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
