On December 3, the XFL Company paid $1,400 cash in salaries to employees. Prepare the general journal entry to record this transaction.
What will be an ideal response?
12/3 | Salaries Expense | 1,400 | ? |
? | Cash | ? | 1,400 |
You might also like to view...
Which of the following codes for the proteins that will promote the normal cell cycle and prevent apoptosis?
A. proto-oncogenes B. tumor suppressor genes C. caspases D. oncogenes
The square symbol used in drawing a decision trees represents a(n) ________ node
Fill in the blanks with correct word
Use the information in Scenario 4.5. What action, if any, should the King Company take?
A) Do nothing—neither alternative provides a positive net present value after five years. B) Select Alternative #1. C) Select alternative #2. D) Either alternative may be selected, since the positive net present values are the same after five years.
Grover signs an installment contract with Home Appliance Store to finance the purchase of new kitchen appliances—stove, refrigerator, dishwasher, microwave, and toasteroven—for $3,999 . This transaction is subject to
a. no federal law. b. the Fair Credit Reporting Act. c. the Telecommunications Act. d. the Truth-in-Lending Act.