APPENDIX B
REVERSING ENTRIES
Ex. B–1
a. (1) Sales Salaries Expense……………………………………… 7,050
(2) Accounts Receivable ………………………………………… 51,300
Reversing entry.
Ex. B–2
a. (1) Wages Expense ………………………………………………… 13,200
APPENDIX B Reversing Entries
B-2
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Ex. B–3
a. (1) Payment (last payday in year)
b. (1) Wages Expense ………………………………………………… 15,400
Cash ……………………………………………………………. 15,400
APPENDIX B Reversing Entries
©
Ex. B–4
a. (1) Payment (last payday in year)
b. (1) Salaries Expense ………………………………………………. 22,000
Cash ……………………………………………………………. 22,000