Ask Experts Questions for FREE Help !
Ask
    ed0623's Avatar
    ed0623 Posts: 9, Reputation: 1
    New Member
     
    #1

    Aug 5, 2013, 05:43 PM
    Adjusting entries
    What would be the adjusting entries of if the salaries in the amount of 140,0000 have been accrued at the at the year end? The beginning balance of salaries expense is 3,270,000.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Aug 5, 2013, 05:49 PM
    Your accounts will be Salaries Expense and Salaries payable for the amount accrued.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Preparing adjusting entries and closing entries [ 3 Answers ]

I cannot find any examples about this question on my book or anywhere else Please help.~ The following list includes selected permanent account and all of the temporary accounts from the December 31, 2008, unadjusted trial balance of Emiko Co. a business owned by Kumi Emiko. Use these account...

Advantages and disadvantages of automated systems for adjusting adjusting entries [ 5 Answers ]

Adjusting entries is something I have always done manually, is there any advantage to using an automated accounting system?

Adjusting entries: how to journalize a specific adjusting entry [ 1 Answers ]

How would I journalize this adjusting entry? Invoices representing $1,000 of services performed during the month have not been recorded as of May 31. :confused:

Adjusting journal entries from adjusting column of work sheet [ 2 Answers ]

How can I prepare necessary adjusting journal entries (a) through (e) by using the following information from the Adjustments columns of a 10-column work sheet. Interest recievable (d)$880 Office supplies ...


View more questions Search