Salaries to the end of May 2022 totalled $63 400. Payments for salaries in June 2022 totalled

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Salaries to the end of May 2022 totalled $63 400. Payments for salaries in June 2022 totalled $4600. However, four days at $290 per day were worked but not paid. You are required to prepare the journal for:

• adjustment at 30 June 2022

• closing the account at 30 June 2022

• reversal on 1 July 2022, then

• post the cash payments journal after the first fortnightly pay on 10 July 2022 for $2900 paid, and

• balance the ledger accounts.

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Accounting An Introduction To Principles And Practice

ISBN: 9780170403832

9th Edition

Authors: Edward A. Clarke, Michael Wilson

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Question Posted: Feb 23, 2024 03:01 PM

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Salaries to the end of May 2022 totalled $63 400. Payments for salaries in June 2022 totalled

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Accounting An Introduction To Principles And Practice

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