Question
Show the general journal entry for the following balance day adjustment. Wages due but not yet paid to employees at 30 June 2016 is $5000
Show the general journal entry for the following balance day adjustment. Wages due but not yet paid to employees at 30 June 2016 is $5000.
If the balance day adjustment above was not prepared, would the profit for year ending 30 June 2016 be understated or overstated?
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A Communication Audit Handbook Helping Organizations Communicate
Authors: Seymour Hamilton
1st Edition
0801300614, 978-0801300615
