[Ho^`_vu?]

Hi ACE trong la`m accounting, finance, ra`nh ve^` GAAP concept thi` no'i so* ve^` cho HV bie^'t accrued salary, revenue, prepaid expenses (how to amortize it), reverse entry.  HV tu*` ddo' dde^'n ba^y gio*` la`m cash basis only chu*a la`m accounting, finance using GAAP, accrue.

Example:
02/16/19

Accrued salary 02/15 to 02/8 and pay on 03/05/19:

Wage expense                 $250.00 (DR)
         Wage payable                      $250 (CR)

03/01/19

Reversing entry for wage accrued 02/15 to 02/28:

Wage expense                 $250.00 (CR)

         Wage payable                      $250 (DR)

Accrued salary 03/1 to 03/15 and pay on 03/20/19:


Wage expense                 $250.00 (DR)

         Wage payable                      $250 (CR)




03/05/19 (paid date for period 02/15 to 02/28)

Wage payable                  $250(DR)
         Cash                                      $250(CR)

I am kind of confused of reversing accrued wage for second half of February 2019 and process salary for 03/05/19 second half of February 2019 using wage payable for period first half of March.  Please explain!

Thanks!