1) Provision for wages payable this month: Debit: Management expenses (or ceded sales expenses) Credit: Employee salaries payable 76650,3076235.47 Is the actual payment to be made by the bank or in cash?

If it is the former: 2) Debit: Employee wages payable 76235.47 Loan: Bank deposit 76235.473) Borrow: Employee wages payable 414.83 Loan: Taxes payable - personal income tax 220.83 Other receivables - Employee utility bills 80 Other payables - Love Fund

114