Oct 3-->Paid salaries for the month, $25000, accrued salaries $1800.

Need help writing this transaction in Journal entry. Thnx

Sure! To write this transaction in a journal entry, you would follow the general format of a journal entry, which is:

Date Account Title Debit Credit
------------------------------------------------------------
Oct 3 Salaries Expense $25,000
Oct 3 Accrued Salaries $1,800
Cash (or Bank) $26,800

In this journal entry:

1. The Salaries Expense account is debited with the amount of $25,000. This is to record the actual salaries paid for the month.

2. The Accrued Salaries account is credited with the amount of $1,800. This is to record the accrual of salaries, representing an amount that has been earned by the employees but not yet paid.

3. The Cash (or Bank) account is credited with the total amount of $26,800. This is to record the payment made for the salaries, including both the actual amount paid and the accrued amount.

Remember, debits must always equal credits in a journal entry, so the total debits ($25,000) must equal the total credits ($26,800).