Chapter 4, Problem 4.30EX

Appendix 2

Entries posted to wages expense account

Portions of the wages expense account of a business follow:

Account	Wages	Expense			Account No. 53
Date	Item	Post. Ref.	Dr.	Cr.	Balance
					Dr.	Cr.
2017 Dec. 26	(1)	125	15,400		800,000
31	(2)	126	9,250		809,250
31	(3)	127		809,250	—	—
2018 Jan. 1	(4)	128		9,250		9,250
2	(5)	129	14,800		5,550

A. Indicate the nature of the entry (payment, adjusting, closing, reversing) from which each numbered posting was made.

B. Journalize the complete entry from which each numbered posting was made.