Given the following information, prepare journal entries for Spainhower Manufacturing to record the monthly payroll at March
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President ...................................................... $ 30,000
Factory supervisor .......................................... 6,000
Machinist ......................................................... 4,000
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Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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