?“$1000 salary was calculated to the senior accountant”. Give a double entry. DR: ADMINSTRATIVE COST CR:CALCULATED SALARY
?“$1000 worth of finished goods were received from main production”. Give a double entry.
?“$212 in cash was brought from the bank to the cash register to pay the employees”. Give an accounting transaction. DR:CALCULATED SALARY CR:BANK ACCOUNT
?“$5205 wages were calculated for auxiliary production workers”. Give a double entry. DR:AUXILIARY PRODUCTION CR:AMOUNT OF CALCULATED SALARY
?“$5500 wages were calculated for auxiliary production workers”. Give a double entry. DR:AUXILIARY PRODUCTION CR:AMOUNT OF CALCULATED SALARY
?“$8100 was paid to workers employed in production” Give a double entry. DR:MAIN PRODUCTION CR:AMOUNT OF CALCULATED WAGES
?“A vehicle was purchased, the payment was not made”. What type of change is this operation? THIRD TYPE OF CHANGE
?“Building materials”. On which side of the T-account does the value of this indicator decrease?
?“Building materials”. On which side of the T-account does the value of this indicator increase?
?“Cash was brought from the bank account to the cash register for paying employees”. What type of change is this operation? FIRST TYPE OF CHANGE
?“Commodity”. On which side of the T-account does the value of this indicator increase?
?“Company ProMax received a loan from the bank”. Give a double entry.
?“Debt to suppliers of goods”. On which side of the T-account does the value of this item decrease? DEBIT
?“Debt to suppliers of goods”. On which side of the T-account does the value of this item increase? CREDIT
?“Income tax of $100 was calculated from the salary calculated for the chief accountant of ABS LLC”. Give a double entry. DR:CALCULATED SALARY CR:INCOME TAX
?“Long-term bank loan debts were paid”. What type of change is this operation?
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