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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Prepare journal entries to record the following transactions for Ted's Garage:
      a.   Ted does extensive body work on Jim's auto, and sends Jim a bill for $1,700.
      b.   Ted receives Jim's check for $1,700.
      c.   Ted's mechanic earns $2,000 for a week's work. Ted pays him $1,800 after deducting $200 withholding taxes.
      d.   Ted prepares financial statements at the end of the month. He makes an accrual for $400 for unpaid salaries.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
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Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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