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    kaur09's Avatar
    kaur09 Posts: 2, Reputation: 1
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    #1

    Nov 12, 2008, 12:51 PM
    Adjusting entries
    Hi,
    I have a question about adjusting entries,in the trial balance I have last month 26,Apr. sales salaries expense 8000 and office salaries expense 5000.
    I have a end of the month accrued sales salaries 12,000 and office salaries 500, how I can adjust this entries?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Dec 12, 2008, 08:40 PM

    Debit Sales salaries expense for 12,000
    Credit Sales salaries payable for 12,000

    Debit Office Salaries expense for 500
    Credit Office Salaries Payable for 500
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