Business, 14.12.2019 00:31 jones501324
On december 31, karmansky company needed to record its accrued wages for year-end. if december 31 is a tuesday, then karmansky company must account for two days of wages. the company operates on a five-day workweek, the prior week’s gross pay (december 26 payday) was $32,650, and the net pay was $21,330. journalize the adjusting entry to be made on december 31 for the accrued wages.
Answers: 3
Another question on Business
Business, 21.06.2019 22:10
Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $71,300. in determining her taxable self-employment income for the oasdi tax, how much of her net self-employment earnings must fess count? a. $74,500 b. $71,300 c. $53,900 d. $127,200 e. none of the above.
Answers: 3
Business, 22.06.2019 08:30
Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk
Answers: 3
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
You know the right answer?
On december 31, karmansky company needed to record its accrued wages for year-end. if december 31 i...
Questions
History, 16.07.2019 20:50
History, 16.07.2019 20:50
English, 16.07.2019 20:50
Biology, 16.07.2019 20:50
Mathematics, 16.07.2019 20:50
Computers and Technology, 16.07.2019 20:50
Mathematics, 16.07.2019 20:50
