From the summary of payroll register of Maxwell Small for the month ended 28 January 2022 shown

Question:

From the summary of payroll register of Maxwell Small for the month ended 28 January 2022 shown in figure 14.30, you are required to prepare:

a using the direct method, the cash payments journal for the month ended 31 January 2022 b using the indirect method, the necessary general journals using data from the weeks ended 7 January and 14 January; plus the cash payments journal for the month ended 31 January 2022 c using the clearing account method, the necessary general journals using data from the weeks ended 21 January and 28 January; plus the cash payments journal for the month ended 31 January 2022.

What will be the balances of the wages expense account as at 31 January 2022 using the direct method, the indirect method and the clearing account method?image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: