subject
Business, 24.02.2020 23:30 kenna162

Johnny's Drive-in pays its employees bi-weekly. The first payday of 2014 will be on January 3 and will compensate employees for work done from December 18-31, 2013. Because the employee work was performed in 2013, the wages expense should be recorded in 2013.

Record the Transaction:
What adjusting entry will need to be made? Total compensation to be paid for the 2 week period is $100,000.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Partnerships are the most common type of business firms in the world. t/f
Answers: 3
question
Business, 22.06.2019 11:30
12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?
Answers: 2
question
Business, 22.06.2019 12:40
When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?
Answers: 3
question
Business, 22.06.2019 14:50
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
Answers: 3
You know the right answer?
Johnny's Drive-in pays its employees bi-weekly. The first payday of 2014 will be on January 3 and wi...
Questions
question
Mathematics, 23.02.2021 21:20
question
Mathematics, 23.02.2021 21:20
question
Mathematics, 23.02.2021 21:20
question
Mathematics, 23.02.2021 21:20