All categories

3 years ago

intext:"The adjusting entry at the end of an accounting period to record the unpaid salaries of employees for work provided is"

Business

1 answer:

Minchanka [31]3 years ago

3 0

Answer:

A debit to Salaries Expense and a credit to the Salaries Payable Account.

Explanation:

This adjusting entry brings the salary expense account to its accrued balance in line with the accrual concept and matching principle of generally accepted accounting principles. These state that expenses and revenues should not reflect only the cash basis but the accrual basis, whereby unpaid or prepaid expenses, deferred or unpaid revenues that relate to the accounting period are brought into consideration.

You might be interested in

True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.

Evgesh-ka [11]

That statement is True
In general, using only one measurement in comparing alternative investments is a mistake.
But, if you're only could choose one measurement, <span>the amount of the dollar gain or loss would be the best because it allows you to determine the time needed before you break your investment event and started obtaining profit.</span>

5 0

3 years ago

I am free and i am a girl so do u want to be friends maybe??

solniwko [45]

Answer:

Explanation:

4 0

3 years ago

In analyzing the value of the firm as a function of capital structure, the present value of the tax shield benefit is offset by

Hoochie [10]

Answer:

The correct answer to the following question will be Option D (Financial distress and agency costs).

Explanation:

A cost of an agency is a form of company's internal expense that comes from an employee working on behalf of action of the principle. Agency costs usually occur from core redundancies, confusion, and delays, such as shareholder and management conflicts of interest.
Distress expense applies to the expenses that a financially distressed company faces beyond the business cost, such as increased capital expenses. Troubled companies tend to have a tougher time fulfilling their financial responsibilities, which turns into a higher chance of default.
When evaluating the company's value as a feature of market structure, the present value of the tax shield gain is balanced by the current value of the anticipated financial distress and agency expenses, which results in an ideal internal market structure.

Therefore, Option C is the right answer.

5 0

3 years ago

What is another term for the buying and selling of stocks?

LuckyWell [14K]

Answer:

Trading

Explanation:

Buying and selling stocks is another term for trading because it is a system of "give and get"

3 0

3 years ago

Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to

lakkis [162]

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.

6 0

3 years ago