Question

In: Accounting

Paid salaries of $25,000. How would I post to the general journal?

Paid salaries of $25,000. How would I post to the general journal?

Solutions

Expert Solution

Answer:-Journal entry for salaries payment:-

Accounts Titles and explanation                                  Debit                               Credit        

  

            Salaries expense A/c                                          $25000

                    Cash $25000

       (Being paid $25000 salaries)   


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