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Super Payment

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Ok so I stupidly Smiley Mad incorrectly allocated an actual super payment from the bank account to the Superannuation Expense instead of Superannuation Payable. thius it shows on the General Ledger for Superannuation Expense as a debit.

 

The journal entry to correct this should CREDIT the amount to the Superannuation Expenses and DEBIT Superannuation Payable, right?

 

 

 


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