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arlik [135]
3 years ago
6

How will this be displayed in a journal entry? T-account?

Business
2 answers:
nydimaria [60]3 years ago
8 0

Answer:

Date         Account titles and description

20                                 No entry  

26                                 No entry  

31                                  No entry  

31                                  No entry

Explanation:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

Angelina_Jolie [31]3 years ago
7 0

Answer:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

Explanation:

brainllest plzzzzzzzzzzzzzzz

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Expenses ______ retained earnings; therefore, to increase any expense, one would ______ the expense account.
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From a double entry point of view, an increase in expenses would be debited to expense account and a decrease is credited instead.

Find out more retained earnings on:brainly.com/question/15175380

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