A weekly time ticket for Joyce Caldwell follows: Required: Prepare a journal ent

Question

A weekly time ticket for Joyce Caldwell follows:    

Required:
Prepare a journal entry to record Joyce’s wages. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

1.Record Joyce's wages to be paid at a later date.

Direct Labor Time Ticket Dates: Monday 8/12 Friday 8/16, 2016 Ticket Number: TT338 Employee: Joyce Caidwell Date Time
Started Time
Ended Total
Hours Job
Number 8/12/2016 7:00 AM 3:00 PM 8 hours Job 271 8/13/2016 7:00 AM 3:00 PM 8 hours Job 271 8/14/2016 7:00 AM 3:00 PM 8 hours Job 272 8/15/2016 7:00 AM 11:00 AM 4 hours Job 272 8/15/2016 12:00 PM 4:00 PM 4 hours Maintenance 8/16/2016 7:00 AM 3:00 PM 8 hours Job 273 Weekly Total 40 hours Hourly Labor Rate × $24 Total Wages Earned $960

Explanation / Answer

1.

Date Account Title Debit Credit 8/16/2016 Wages expense 960 Wages payable 960 (Wages earned by Jouyce Caidwell)

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