Zamn Caf hired a new waiter on the beginig of July with a monthly salary...
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Zamn Caf hired a new waiter on the beginig of July with a monthly salary of $1,000, what would be the transaction on July 1st ? Select one: a. Dr. Salaries and wages Expense 1,000 Cr. Account Payable 1,000 b. No entry c. Dr. Salaries and wages Expense 1,000 Cr. Note payable 1,000 d. Dr. Salaries and wages Expense 1,000 Cr. Cash 1,000
Zamn Caf hired a new waiter on the beginig of July with a monthly salary of $1,000, what would be the transaction on July 1st ?
Select one:
a. Dr. Salaries and wages Expense 1,000
Cr. Account Payable 1,000
b. No entry
c. Dr. Salaries and wages Expense 1,000
Cr. Note payable 1,000
d. Dr. Salaries and wages Expense 1,000
Cr. Cash 1,000
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