Action Accounting
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The Pineapple Pub
Double Entry: Transaction 8 / of 16
Scene 30
/ of 100
Introduction
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Double Entry
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Balancing Accounts
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Trial Balance
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Income Statement
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Balance Sheet
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Completed Financial Statements
December 15: Jason prepared the wages for all staff members and wrote cheques to the value of €11,000.
Paid wages €11,000 by cheque on 15th December.
Tick which two ledger accounts should be used.
Bank Account
Capital Account
Creditor - Flash Sales Limited Account
Creditor - Kensington Supplies Limted Account
Debtor - Hampstead Heath Party Hire Account
Discount Allowed Account
Drawings Account
Energy Expenses Account
Equipment Account
Furniture Account
Leasing Expenses Account
Purchases Account
Rent Payable Account
Rent Receivable Account
Sales Account
Wages Account
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The wages account , an expense account is required as is the bank account, an asset account.
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Are you sure? Try again.
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Wages is an expense and Jason is paying wages by cheque.
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