Post Balance Date Item Ref. Dr. Cr. Dr. Cr. 1 $ 1 $ 1 $ 1/19/2020 750.00 2$ 2$ 2$ 4,650.00 750.00 3,000.00 900.00 $ 31 3,750.00 31 ADJUSTING JOURNAL ENTRY 4,650.00 1/31/2020 CLOSING ENTRY 1 2/1/2020 1 $ 5,400.00 Tol
Post Balance Date Item Ref. Dr. Cr. Dr. Cr. 1 $ 1 $ 1 $ 1/19/2020 750.00 2$ 2$ 2$ 4,650.00 750.00 3,000.00 900.00 $ 31 3,750.00 31 ADJUSTING JOURNAL ENTRY 4,650.00 1/31/2020 CLOSING ENTRY 1 2/1/2020 1 $ 5,400.00 Tol
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
I am stuck on this question, i think i just need record the hair stylist being paid in cash as a salries expense. i do not understand the part that says "do not forget the portion of salaries were recorded as an expense at the end of january" can someone please help me.
![Salaries Expense
501
Post
Balance
Date
Item
Ref.
Dr.
Cr.
Dr.
Cr.
1 $
1 $
$4
$
1/19/2020
750.00
750.00
31
3,750.00
4,650.00
3,000.00
31 ADJUSTING JOURNAL ENTRY
1 $
900.00
2$
1/31/2020 CLOSING ENTRY
1
$
4,650.00
2/1/2020
1 $
5,400.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Feb2fce02-1cc5-4342-9ea3-e4d7997c5ea1%2F721b4edd-fc6e-4c2c-aec0-60cf4b259d60%2Flra5rr_processed.png&w=3840&q=75)
Transcribed Image Text:Salaries Expense
501
Post
Balance
Date
Item
Ref.
Dr.
Cr.
Dr.
Cr.
1 $
1 $
$4
$
1/19/2020
750.00
750.00
31
3,750.00
4,650.00
3,000.00
31 ADJUSTING JOURNAL ENTRY
1 $
900.00
2$
1/31/2020 CLOSING ENTRY
1
$
4,650.00
2/1/2020
1 $
5,400.00
![Paid the hair stylist cash of $1,210. *Do not forget that a portion of the hair stylist"
salaries were recorded as an expense at the end of January.
4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Feb2fce02-1cc5-4342-9ea3-e4d7997c5ea1%2F721b4edd-fc6e-4c2c-aec0-60cf4b259d60%2Faolfnnr_processed.png&w=3840&q=75)
Transcribed Image Text:Paid the hair stylist cash of $1,210. *Do not forget that a portion of the hair stylist"
salaries were recorded as an expense at the end of January.
4
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