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  • GL Description Debit Credit Amount GL Number GL Description

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    This document appears to be a general ledger showing debits and credits across various general ledger accounts including cash, inventory, sales, wages expense, cost of goods sold, and wages payable. The ledger shows debits of $500 to wages expense and $600 to cost of goods sold, with corresponding credits of $500 to wages payable and implied sales of $600 resulting in no net change to ending balances.

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    T Account Template (Free)

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    This document appears to be a general ledger showing debits and credits across various general ledger accounts including cash, inventory, sales, wages expense, cost of goods sold, and wages payable. The ledger shows debits of $500 to wages expense and $600 to cost of goods sold, with corresponding credits of $500 to wages payable and implied sales of $600 resulting in no net change to ending balances.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views3 pages

    GL Description Debit Credit Amount GL Number GL Description

    Uploaded by

    Play Cinematic
    This document appears to be a general ledger showing debits and credits across various general ledger accounts including cash, inventory, sales, wages expense, cost of goods sold, and wages payable. The ledger shows debits of $500 to wages expense and $600 to cost of goods sold, with corresponding credits of $500 to wages payable and implied sales of $600 resulting in no net change to ending balances.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    GL Description Debit Credit Amount

    GL NUMBER
    GL DESCRIPTION

    500
    WAGES EXPENSE

    -
    GL NUMBER 100 200 300
    GL DESCRIPTION CASH INVENTORY SALES

    - - - - - -

    500 600
    WAGES EXPENSE COST OF GOODS SOLD

    - - -
    300 400
    SALES WAGES PAYABLE

    - - -

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