A few days ago
How would I record accrued salaries of $2,100 on a T chart?
How would I record accrued salaries of $2,100 on a T chart?
Top 3 Answers
A few days ago
Favorite Answer
The first responder is correct. Using T-accounts, you would have:
1) A T-account for Salary Expense, and the debit would go on the left side of the T.
2) A T-account for Accrued Salaries, and the credit would go on the right side of the T.
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4 years ago
Accrued Salaries
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A few days ago
debit your expense (whatever salary account)
credit your liability (probably salaries payable)
make the entry reversing.
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