When union dues that have been withheld from employees' wages are turned over to the union treasurer, the account union dues payable is debited?

Respuesta :

Hagrid
TRUE. When union dues that have been withheld from employees' wages are turned over to the union treasurer, the account union dues payable is debited.

Company books: union dues withheld
Debit: Salaries expense. $$
Credit: union dues payable. $$

Company books: union dues turned over to union treasurer
Debit: union dues payable $$
Credit: cash $$