Chapter 4, Problem 4.31EX

Appendix 2

Entries posted to wages expense account

Portions of the salaries expense account of a business follow:

Account	Salaries	Expense			Account No. 62
Date	Item	Post. Ref.	Dr.	Cr.	Balance
					Dr.	Cr.
2017 Dec. 27	(1)	29	22,000		1,200,000
31	(2)	30	13,200		1,213,200
31	(3)	31		1,213,200	—	—
2018 Jan. 1	(4)	32		13,200		13,200
2	(5)	33	24,000		10,800

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.