Question
The question for you is, how to clear out the Other Accrued Expenses? Description Amount DR Electricity 1000.00 1/3/2021 DR Other Accrued Exp 1000.00 1/3/2021
The question for you is, how to clear out the Other Accrued Expenses?
Description Amount
DR Electricity 1000.00 1/3/2021
DR Other Accrued Exp 1000.00 1/3/2021
CR Accounts Payable 2000.00 1/3/2021
You clear out AP when you run the check.
DR Accounts Payable 2000.00 1/3/2021
CR Cash 2000.00 1/3/2021
Note: Please Use the same format and put numbers and date
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
