Question: At December 31 the unadjusted trial balance of H R

At December 31, the unadjusted trial balance of H& R Tacks reports Salaries and Wages Payable of $ 0 and Salaries and Wages Expense of $ 20,000. Employees have been paid for work done up to December 27, but the $ 1,200 they have earned for December 28– 31 has not yet been paid or recorded. Prepare the adjusting journal entry on December 31. In separate T- accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance.

View Solution:


Sale on SolutionInn
Sales0
Views34
Comments
  • CreatedNovember 02, 2015
  • Files Included
Post your question
5000