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    prinnyg's Avatar
    prinnyg Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 10, 2014, 11:44 AM
    Accounting Question
    I have to post this transaction:
    July 26: Paid $300 to send employees to realtor's workshop.
    To the general journal.

    Here is a list of all possible accounts:
    Cash, A/R, Prepaid Rent, Office Supples,
    Office Equipment, Acc. Amort. - Office Equipement, Automobile Acc. Amort. - Automobile.

    Accounts Payable, Salaries Payable.

    Capital, Drawings, income summary.

    All expenses:
    Rent, Salaries, Automobile, telephone, advertising, office supplies, depreciation, miscellaneous.

    I'm trying to figure out what account I have to use.
    I was thinking it's either DR Salaries Exp. CR Cash; or DR Miscellaneous Exp. CR Cash.
    What do you think? Help?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Feb 10, 2014, 12:35 PM
    I would think your accounts would be Miscellaneous Expense and Cash because you are paying to send the employees to a workshop.
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