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Author Question: Data for an adjusting entry described as accrued wages, 2,020 requires a a. debit to Wages Expense ... (Read 173 times)

tuffie

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on: Jul 5, 2018
Data for an adjusting entry described as accrued wages, 2,020 requires a
 a. debit to Wages Expense and a credit to Wages Payable
  b. debit to Wages Payable and a credit to Wages Expense
  c. debit to Accounts Receivable and a credit to Wages Expense
  d. debit to Drawing and a credit to Wages Payable

Question 2

Which of the following are reported for a private-purpose trust fund?
 
  A. Expenditures
  B. Expenses
  C. Deductions
  D. Decreases to nonspendable fund balance.


amit

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Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

C


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