Portions of the wages expense account of a business are shown below. a. Indicate the nature of
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a. Indicate the nature of the entry (payment, adjusting, closing, reversing) from which each numbered posting was made.
b. Journalize the complete entry from which each numbered posting wasmade.
Transcribed Image Text:
Account Wages Expense Account No. 53 Balance Post. Ref. Date Item 2011 Dec. 26 3 125 126 127 32,000 19,200 1,600,000 1,619200 1,619,200 2012 Jan. 1 128 129 19,200 19,200 32,000 12,800
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