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Jan 28, 2020 Pat was paid a salary of $6,000 in cash (80% related to administrative...

Jan 28, 2020 Pat was paid a salary of $6,000 in cash (80% related to administrative activities and 20% related to his work in the plant. the sales manager was paid in cash a salary of $2600 plus commission of 1% of sales. Hint use a compound journal entry you will debit three accounts and credit one account.

I think I debit

WIP

MOH

?

and then credit Cash. please help with the amounts too

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Answer #1

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--The journal entry on Jan 28, would include:

Accounts title Debit Credit
Manufacturing Overhead MOH ($6000 x 20%) $1,200
Administrative expense ($6000 x 80%) $4,800
Selling Expense ($2600 + 1% of sales) $2,600 + 1% of sales
   Cash $8,600 + 1% of sale
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