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
Tema [17]
2 years ago
14

Multiple Choice Question 143 A company shows a balance in Salaries and Wages Payable of $37900 at the end of the month. The next

payroll amounting to $47800 is to be paid in the following month. What will be the journal entry to record the payment of salaries?
Business
1 answer:
neonofarm [45]2 years ago
7 0

Answer: The answer is: Debit Salary and wages expense $9,900, Debit Salaries and wages payable $37,900, Credit Cash $47,800

Explanation: Since the company has $37,900 sitting in salaries and wages payable account at the end of the month and the payroll revealed that actual amount to be paid is $47,800, this means the company has a shortfall of $9,900 from the salaries and wages payable account. Therefore, this amount that was not accrued for would impact salary and wages expense by $9,900.

You might be interested in
uring a recession, which of the following is true? A. Consumer staple stocks rise on expectations that consumers will continue t
alexandr1967 [171]

Answer:

A. Consumer staple stocks rise on expectations that consumers will continue to spend on necessities.

Explanation:

Recession refers to the contraction which occurs in the business cycle when the economic activities experience a decline. When the economy experiences a decline for at least six months, a recession occurs. During the period of recession, because of unemployment, the rate of growth decreases. The consumers stop to spend which affects the economy of the business.

7 0
3 years ago
Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can
Dovator [93]

Answer:

Edgar

Explanation:

When you find out how fast each person goes in one hour, Edgar goes farther the fastest.

5 0
3 years ago
Adjustable or variable
mafiozo [28]
Not sure the context of this question is there any additional info?
8 0
3 years ago
XYZ produces a single product and has provided the following data for its most recent month of operations:
Blababa [14]

Answer: $197

Explanation:

With absorption costing, the fixed manufacturing costs are absorbed by the products which means that the product cost will include fixed costs related to manufacturing.

The absorption costing unit product cost is therefore:

= Direct materials + Direct Labor + Variable manufacturing overhead + Fixed manufacturing Overhead per unit

Fixed manufacturing overhead per unit is:

= 224,000 / 6,400 units

= $35 per unit

Absorption cost unit product cost = 72 + 80 + 10 + 35

= $197

8 0
3 years ago
Which security method involves coding your readable emails into a format that is illegible
Natalka [10]
Which security method involves coding your readable emails into a format that is illegible? Cryptography. Businesses and individuals will use cryptography to keep information secret. This makes it hard for people who want to crack information and decode information that they do not have access to.
6 0
3 years ago
Other questions:
  • Help with question six please
    14·1 answer
  • How is the market price for a product determined?
    12·1 answer
  • The value of Terrah's personal residence has declined significantly because of a recent forest fire in the area where she lives.
    14·1 answer
  • A linear programming problem contains a restriction that reads "the quantity of X must be at most three times as large as the qu
    15·1 answer
  • If Starbucks raises its price by 5 percent and McDonald’s experiences a 0.5 percent increase in demand for its coffee, what is t
    13·1 answer
  • What are the functions of Holloware
    12·1 answer
  • Business partners Arnetta and Xavier are designing their new office space and furnishings. They want to communicate success and
    14·1 answer
  • Which of these hazmat products warnings or labels are allowed in your FC? Please choose all that apply. Fully Regulated Aerosol
    13·1 answer
  • Suppose you have $1,325 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually.
    6·1 answer
  • What is the calculation used to determine the estimated annual interest amount a borrower will pay on a loan?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!