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 Expense501PostBalanceDateItemRef.Dr.Cr.Dr.Cr.1 $1 $$4$1/19/2020750.00750.00313,750.004,650.003,000.0031 ADJUSTING JOURNAL ENTRY1 $900.002$1/31/2020 CLOSING ENTRY1$4,650.002/1/20201 $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

On January 31, Adjusting entry for accrued salaries is recorded $900 by debiting the salaries…

Answered: Post Balance Date Item Ref. Dr. Cr. Dr.…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter9: Current Liabilities And Contingent Obligations

Section: Chapter Questions

Problem 5RE

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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

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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