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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
Charlton Cleaning Services pays out wages every week on Friday afternoon. Payroll expense totals $3,500 per week, based on a 5-day week.  The month of June ended on a Thursday. On Thursday, June 30, Charlton made the following accrual adjustment:

Wages expense   2,800    
    Wages payable      2,800

At the same time, they prepared the following reversing entry to be booked on July 1:

Wages payable   2,800    
    Wages expense      2,800

On Friday afternoon, when wages were paid out, what journal entry is required?
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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6 years ago
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harra Author
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6 years ago
Thanks for your help!!
kiara23247843
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Yesterday
Correct Slight Smile TY
choih94
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2 hours ago
Smart ... Thanks!
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