Warren SM_AppB_Vol.2_final

Warren SM_AppB_Vol.2_final - APPENDIX B REVERSING ENTRIES...

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Unformatted text preview: APPENDIX B REVERSING ENTRIES Ex. B1 a. (1) Sales Salaries Expense.............................................. 10,425 Salaries Payable..................................................... 10,425 Accrued salaries ($3,475 3). (2) Accounts Receivable.................................................. 19,850 Fees Earned............................................................ 19,850 Accrued fees earned. b. (1) Salaries Payable.......................................................... 10,425 Sales Salaries Expense......................................... 10,425 Reversing entry. (2) Fees Earned................................................................. 19,850 Accounts Receivable............................................ 19,850 Reversing entry. Ex. B2 a. (1) Wages Expense........................................................... 5,180 Wages Payable....................................................... 5,180 Accrued wages ($25,900/5)....
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This note was uploaded on 04/05/2011 for the course ACCOUNTING 2021 taught by Professor Blix during the Spring '11 term at Hodges University.

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Warren SM_AppB_Vol.2_final - APPENDIX B REVERSING ENTRIES...

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