perpetual accounting journal entries please December 37. Wages earned from July 1s...
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perpetual accounting journal entries please 
December 37. Wages earned from July 1s through December 31st was $538,000. Wages earned between Dec. 15" and Dec 31st amounting to $41,000 was not paid this until Jan 7th. 38. At the end of the year, $54,000 cash was paid to the local bank for the long-term note payable taken out on January 1, 2019. $47,000 of this was applied to the loan principal. The remaining amount was the accumulated interest due for 2019. 39. On December 31", $527,000 depreciation expense for the year was calculated for equipment purchased before January 1, 2019
perpetual accounting journal entries please
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