ABC company employs two people who are rostered over a seven-day working week. The employees...
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Accounting
ABC company employs two people who are rostered over a seven-day working week. The employees are paid fortnightly up to and including the day of payment. There are no penalty wages.
Transactions for the month of July 2019 are followed:
7 July Paid wages (ignore PYAG tax) $1,777.00
21 July Paid wages (ignore PAYG tax) $1,692.00
Required:
1. Please record above transactions on General Journal
2. Record the end of the month balance day adjustment in the General Journal
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