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Untitled Document5 - General Journal Date Account Title and...

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When the employees are paid, an entry is made to reduce (debit) the wages  payable account balance and decrease (credit) cash.
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Unformatted text preview: General Journal Date Account Title and Description Ref. Debit Credit 20X0 Feb. 28 Wages Expense 2,418 Cash 2,418 Payment of payroll for 2/28...
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This note was uploaded on 12/25/2011 for the course FIN 3312 taught by Professor Staff during the Spring '08 term at Texas State.

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