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Which Accounts Are Extended Into The Balance Sheet Columns Of The Worksheet

Which accounts are extended into the Balance Sheet columns of the work sheet? Asset, liability, and owner’s equity accounts. Balance Sheet containing the adjusted balances for the asset, liability and owner’s equity accounts. Under the Income Statement columns, the difference between the total of the debit column and the credit… 

Which Accounts Are Used In The Adjusting Entry To Record Salaries Owed To Employees But Not Paid Unt

Unpaid Wages Under the accrual basis of accounting, unpaid wages that have been earned by employees but have not yet been recorded in the accounting records should be entered or recorded through an accrual adjusting entry which will: Debit Wages Expense. Credit Wages Payable or credit Accrued Wages Payable. The…