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ser-zykov [4K]
2 years ago
11

Chipotle has monthly wages expense of $5200 that has been incurred but not paid as of December 31st?

Advanced Placement (AP)
1 answer:
kolbaska11 [484]2 years ago
4 0

If Chipotle has monthly wages expense of $5200 that has been incurred but not paid as of December 31st. The appropriate journal entry to record the transaction is: Debit Wages expense $5,200, Credit Wages payable $5,200.

<h3>Journal entry</h3>

If Chipotle has monthly wages expense of the amount of $5200 that has been incurred but not paid as of December 31st. The appropriate journal entry to record the transaction is:

Chipotle journal entry

Debit Wages expense $5,200

Credit Wages payable $5,200

(To record wages expenses)

Therefore the entry is Debit Wages expense $5,200, Credit Wages payable $5,200.

Learn more about Journal entry here:brainly.com/question/14279491

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