A weekly time ticket for Joyce Caldwell follows Direct Labor Time Ticket Ticket

Q: A weekly time ticket for Joyce Caldwell follows Direct Labor Time Ticket Ticket

Transaction General Journal Debit Credit A Wages Expenses (Dr.) Wages payable (Cr.) $1200 $1200 To accrue wages earned but paid at later date means payable or to be paid Transaction General Journal Debit Credit A Wages Expenses (Dr.) Wages payable (Cr.) $1200 $1200 To accrue wages earned but paid at later date means payable or to be paid

ID: 2332040 • Letter: A

Question

A weekly time ticket for Joyce Caldwell follows Direct Labor Time Ticket Ticket Number: TT338 Employee: Joyce Caidwell Dates: Monday 8/12-Friday 8/16, 2016 Time Started 7:00 AM 7:00 AM 7:00 AM 7:00 AM Time Ended Total Hours Job Number Date 812/2016 813/2016 814/2016 815/2016 815/2016 12:00 PM 816/2016 3:00 PM 3:00 PM 3:00 PM 11:00 AM 4:00 PM 3:00 PM Weekly Total Hourly Labor Rate 8 hours 8 hours 8 hours 4 hours 4 hours 8 hours 40 hours Job 271 Job 271 Job 272 Job 272 Maintenance Job 273 7:00 AM Total Wages Earned $1,200 Required Prepare a journal entry to record Joyce's wages. (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record Joyce's wages to be paid at a later date Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

Explanation / Answer

Transaction

General Journal

Debit

Credit

Wages Expenses (Dr.)

Wages payable (Cr.)

$1200

To accrue wages earned but paid at later date means payable or to be paid