if a company issues a check for $2,750 in payment of the salaries expense for the last half of the month, the transaction will be recorded in which journal?

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17-12-2022
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if a company issues a check for $2,750 in payment of the salaries expense for the last half of the month, the transaction will be recorded in which journal?

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SakshTiwari353 SakshTiwari353 · Answer 1 · 2022-12-25T11:08:42+01:00

If a company issues a check for $2,750 in payment of the salaries expense for the last half of the month, the transaction will be recorded in journal Cash payments journal.

Which journal would be used to post the salary payments?

The right response is the cash payments journal. Salary payments represent a cash outflow from the company in the form of compensation for workers. A debit is made from salaries and a credit is made to the cash account when paying salaries.

What kind of transaction is listed in the quizlet for the purchasing journal?

The purchasing log contains information about purchases returns and allowances. The General Debit column of the cash payments log is used to record the specific amounts for returns and allowances on purchases. Daily posting is required for all entries in the cash payments journal's General Debit column.

To Know more about Cash payments journal.

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