1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katyanochek1 [597]
2 years ago
11

The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl

oyee works the entire week ending on Friday, December 30. The employee earns $800 per day. Complete the necessary journal entry.
Business
1 answer:
irakobra [83]2 years ago
7 0

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.

Learn more about journal entries here: brainly.com/question/24696035

#SPJ4

You might be interested in
Robin inherits 1,000 shares of wal-mart stock from her aunt in 2017. according to the information received from the executor of
Marrrta [24]
<span>Answer: For inherited property, the basis is a new basis (i.e., fair market value on the date of the decedent's death unless the executor of the estate elects the alternate valuation date and amount), also known as "stepped-up basis." The $55,000 adjusted basis for Robin's Wal-Mart shares appears to be the fair market value of the stock at the date of her aunt's death.</span>
7 0
3 years ago
Based on its 1Q 2014 press release, what is the maximum $ amount the Coca-Cola Company expects to spend in repurchasing its shar
OverLord2011 [107]

Answer: $3.0 billion.

Explanation:

According to the Press Statement released by Coca-Cola on April 15, 2014 as found on the SEC website, the company plans to spend between $2.5 billion and $3.0 billion on share repurchases by the end of the 2014 fiscal year.

As at the end of the first quarter of 2014, the Company had already spent $713 million in share repurchases and so were optimistic about their repurchases plan.

4 0
4 years ago
WHAT IS THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION
myrzilka [38]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business

Explanation:

Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.

3 0
3 years ago
Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback pe
-BARSIC- [3]

Answer:

Simple Payback period is 2.52 years.

Discounted Payback period is 2.97 years

Explanation:

Payback period is the number of years that a project takes to recover the project's initial investment.

Simple Payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

Payback period = 550/550 + 630/630 + (1500-550-630)/620 = 2.52 years

Payback period = Approximately 2.52 years

In simple term it will take 2.52 years to recover the initial investment.

Discounted payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

PV @ 9%      –$1,500   $505    $530     $479       $283        $130

Payback period = 505/505 + 530/530 + (1500-505-530)/479 = 2.97 years

Payback period = Approximately 2.97 years

It will take about 2.97 years to recover the initial investment of $1,500 using discount rate of 9%  

5 0
3 years ago
Ao is a Technology Architect at Accenture. Tao must present the value and strategy that Multi-party Systems bring to organizatio
zimovet [89]

Answer:

A. Multi-party Systems practice encourages many disparate single client implementations of blockchain.

Explanation:

In transactions involving blockchain, public and private keys are useful in managing asset transfers. While public keys can be shared and accessed by many people, private keys are unique to the owner and can be used as a digital signature. Multi-party systems ensure the security of private keys. They can also guarantee the safety of assets.

Multi-party systems allow digital signatures to be computed and distributed in a way that individual pieces cannot be revealed to just any person.

4 0
3 years ago
Other questions:
  • Regarding the results of a SWOT analysis, organizational weaknesses are ___________. (a) internal factors that the organization
    14·1 answer
  • What type of mining is used for both coltan and gold?
    12·1 answer
  • A bookstore costs $125 a day to keep open, and spends $16 for each book it sells. the store charges $22 for each book it sells.
    15·2 answers
  • When the corporation is harmed by the actions of a third party, the directors can bring a lawsuit in the name of the corporation
    7·2 answers
  • Constantinos has a health insurance policy with a $1,000 deductible and 5% co-pay on the next $10,000. Which of the following ac
    8·1 answer
  • Sloan Transmissions inc.,has the following estimates for its new gear assembly project: price=$2,200 per unit., variable cost= $
    13·1 answer
  • Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60
    5·1 answer
  • You own your own business and you need to interview 2 person to have a specific job.(BE CREATIVE)
    10·1 answer
  • On September 18, 2019, Rose Company purchased 11,800 shares (14%) of Wozniak, Inc. stock for $42 per share. The market value of
    10·1 answer
  • An army pilot from State A was injured when his helicopter crashed due to a defect in the tail rotor. The helicopter was manufac
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!