Question

Journal entry in wages paid

Answer 1

Answer:

If $300 paid as wages then the j. e will be

Explanation:

Wages A/C .........Dr. ($300)

To cash A/C ($300)

Answer 2

Wages paid

Explanation:

                          Books of (----- limited)

                              Journal Entry

Date      Account Title and Explanation   Debit   Credit

            Wages                        A/c Dr.             xxx

              To Cash / Bank     A/c                                 xxx

             (Being wages paid in cash or bank)

Explanation: All expenses must be debited under journal rule.

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