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V125BC [204]
3 years ago
14

A manufacturer paid total factory payroll of $200,000 in cash. The journal entry for this transaction includes a:

Business
1 answer:
andrew11 [14]3 years ago
7 0

Based on the information given the journal entry for this transaction includes a: Debit Factory Wages Payable $200,000; Credit Cash $200,000.

Based on the given details the we were told that total factory payroll of the amount of $200,000 was paid by cash by the manufacturer.

Hence:

The appropriate journal entry to record this transaction is:

Debit Factory Wages Payable $200,000

Credit Cash $200,000

(To record factory wages payable)

Learn more here:<em>brainly.com/question/15562913</em>

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