Portions of the salaries expense account of a business are shown below. a. Indicate the nature of

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Portions of the salaries expense account of a business are shown below.


Salaries Expense Account No. 53 Account Balance Post. Ref. Item Dr. Cr. Date Cr. Dr. 2009 Dec. 27 31 31 2010 Jan. 1 17,5


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.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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