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What is the closing journal entry of the wages?

Anonymous

∙ 11y ago

Updated: 4/28/2022

debit wages payable
credit cash

Wiki User

∙ 11y ago

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What is journal entry of closing stock?

it s transfer to profit and loss account.

What is the journal entry for wages paid for installtion of machine?

debit installation chargescredit bank

Closing Journal entries What is Year End Journal entry to book a net loss for a corporation?

Please provide me the list of closing journal entreis requried to enter in books to finalize the P&L and B&S

Closing entry need to be?

Closing entries should be journalized and posted. They are entered in the general journal, as well as posted in the general ledger.

What is the journal entry for wages paid for installation of machinery?

[Debit] Machinery Asset [Credit] Cash Account

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debit wages expensescredit wages payable

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[debit] wages expensescredit cash / bank

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Debit wages expensesCredit cash / bank

Journal entry for adjusting closing stock with purchases?

what is entry of closing stock in p & L a/c & balance sheet

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debit wages expensecredit shares in share capital

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Db wage expense Cr cash

What is journal entry of closing stock?

it s transfer to profit and loss account.

What is the journal entry for wages paid for installtion of machine?

debit installation chargescredit bank

Closing Journal entries What is Year End Journal entry to book a net loss for a corporation?

Please provide me the list of closing journal entreis requried to enter in books to finalize the P&L and B&S

Closing entry need to be?

Closing entries should be journalized and posted. They are entered in the general journal, as well as posted in the general ledger.

What is the journal entry of a repayment of a loan 2000 debited in error to wages account?

Debit Loan account 2000 Credit Wages account2000

What is the journal entry for wages paid for installation of machinery?

[Debit] Machinery Asset [Credit] Cash Account

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