Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The government paid wages and salaries to police officers RO 100,000. Which one of the following journal entries records this transaction in the general fund?

The government paid wages and salaries to police officers RO 100,000. Which one of the following journal entries records this transaction in the general fund?

a.

None of the options

b.

Wages and Salary Account Dr. 100,000, General fund Account Cr. 100,000

c.

Bank Account Dr. 100,000, Wages and Salary Account Cr. 100,000,

d.

Wages and Salary Account Dr. 100,000, Bank Account Cr. 100,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Auditing Assurance And Consulting Services

Authors: Kurt Reding, Paul Sobel, Michael Head, Sridhar Ramamoorti, Urton Anderson

2nd Edition

0894136437, 978-0894136436

More Books

Students also viewed these Accounting questions