Prepare the Journal Entry for the Following Transaction

question 67

Essay

Prepare the journal entry for the following transaction:
On 6/12/17, the business paid $4,500 for the following expenses: employee salary, $3,000; utilities, $1,000, and repairs, $500.

---

Definitions:

Centralised Communication Network

Communication flows only between individual members and a hub or centre point.

Simple Tasks

Tasks that are straightforward and uncomplicated to complete, often requiring minimal effort or skill.

Norming Stage

The norming stage is a phase in team development where members resolve conflicts, increase cohesion, and establish clear norms and roles.