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bixtya [17]
2 years ago
11

Alpha ended 2019 with a balance of $20 million in their salaries payable account. If their salary expense in 2019 was $90 millio

n, what was their ending balance for salaries payable on December 31, 2018
Business
1 answer:
Svetradugi [14.3K]2 years ago
5 0

Based on the ending balance on salaries payable in 2019, and the salaries expense, the salaries payable at December 2018 must have been $30 MILLION.

<h3>What was the Salaries payable balance?</h3>

This can be found by the formula:

= Ending salaries in 2019 - Salaries expense in 2019 + Salaries paid in 2019

Solving gives:

= 20 million  - 90 million  + 100 million

= $30 million

In conclusion, the ending salaries payable in 2018  was $30 million.

Find out more on Salaries payable at brainly.com/question/24074240.

#SPJ1

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Cesar claims he found a definite way to save money, "Buy direct from the manufacturer. Any time intermediaries get involved, you
Anni [7]

Answer:

Explanation:

Great question, intermediaries are sometimes necessary since they provide a service in which you might not be able to get the product if their service wasn't provided. That being said we can say that Caesar's claim is not valid in many cases. Intermediaries tend to add an additional cost to a certain product, but like mentioned above they are providing an essential value. In many cases the value they create more than offsets the costs they add. Therefore the validity of Caesar's claim is dependent on the intermediaries provided value.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
12. A food handler notices that the water temperature of the sanitizing solution is too low. Should the food handler use the san
N76 [4]
<h2>No the food handler should use new sanitized water.</h2>

Explanation:

  • When the temperature of the water of the sanitizing solution is low, it means that there is more chance of "bacteria being present in the water".
  • So this bacteria can go and affect the food and when the living being intake the food, there is a possibility for illness.
  • How sanitizing hand is important, it is that equal important to sanitize the pans to "stay healthy".
  • So, "the water should be poured out and new water containing the sanitizing solution should be used".
8 0
3 years ago
Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
Nastasia [14]

Answer:

Equivalent units = 270,000

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Completed Units= total units in process during April - Closing WIP

                            = 280,000 - 25,000 = 255,000

Note that the description 'total units in process in during April', implies that the opening inventory is inclusive in the figure of 280,000.

Equivalent units = degree of completion(%) × units

Item                                                                                       Equivalent units

Completed units                255,000   255,000× 100%  = 255,000

Closing work in progress    25,000    25,000× 60%     =  <u>15,000</u>

Total equivalent units                                                           <u>270,000 </u>

Equivalent units = 270,000

6 0
3 years ago
After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term polic
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It should be Joe and ISADORA and it should be ISADORA 37 and Joe 48
6 0
2 years ago
Cor-Eng Partnership was formed on January 2, 20X1. Under the partnership agreement, each partner has an equal initial capital ba
hjlf

Answer:

$20,000

Explanation:

The problem simply asks for Eng's initial capital balance in Cor-Eng partnership and it is just Eng's <u>contributed cash of $2,000</u> to form the partnership.

No need to dwell on the other amounts. Just focus on what was being asked and you'll not get lost ^_^

8 0
3 years ago
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