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what is the adjusting entry for wages posted twice?
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Answer / rajesh
If wages post twice, belwo entries can be entered
eg : dr wages A/c
cr Bank a/c
above entry you made it twice
to correct the entry
eg : Cr wages a/c
dr bank a/c
by this entry we will correct the entry
| Is This Answer Correct ? | 17 Yes | 7 No |
Answer / abhishek jain
The entry would be:
Correct entry:
Dr. wages outsanding
cr. p/l a/c.(wages a/c)
Wrong entry:
dr.p/l a/c (wages a/c)
cr. wages o/s a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
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