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balandron [24]
3 years ago
7

2011/1/14 Paid wages 50,000journal entry ​

Business
1 answer:
Artemon [7]3 years ago
5 0

Answer:

see below

Explanation:

Wages are business expenses. In the Double entry system, an increase in expenses is a debit entry.

When wagers are paid, cash available reduces. Cash is an asset account. A decrease in an asset account is a credit entry.

the Journal entry in the case will be

Wages A/C   Dr   $5000

Cash A/C    Cr  $5000

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i think your answer is B

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3 years ago
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Answer:

You get the highest net income in year 2 with  <u>Units-of-production  method.</u>

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suppose you invest $2250 in a CD that earns 3% APR and is compound quarterly. the cd matures in 2 years. how much will this cd b
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The answer is "<u>The disagreement between these economists is most likely due to differences in scientific judgments."</u>


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