The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl
1 answer:
The necessary journal entry is 4000$.
The journal entry is a document of a commercial enterprise transaction for your commercial enterprise books. In double-access bookkeeping, you make a minimum magazine entry for every transaction. because a transaction can create plenty of modifications in an enterprise, a bookkeeper tracks them all with magazine entries.
An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.
Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.
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Answer:
Let's assume that "X" be the number of employees in 2000.
∵ it's given :
From 2000 to 2003: the number of employees increased by a factor of 1/4
From 2003 to 2006: the number of employees decreased by a factor of 1/3
∴ We can equate the following details:
X×(increase in employee)×(decrease in employee) = 100
X×()×(
) = 100
X×()×(
) = 100
X×() = 100
X = 100×()
<em>X = 120 </em>
<u><em>Therefore, the correct option is (b)</em></u>