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Rina8888 [55]
3 years ago
7

Prospect Realty Co. pays weekly salaries of $27,600 on Monday for a six-day workweek ending the preceding Saturday. Journalize t

he necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. If an amount box does not require an entry, leave it blank. Accounts Receivable
Business
1 answer:
____ [38]3 years ago
7 0

Answer:

Dr salaries expense   $23,000

Cr salaries payable                      $23,000

Explanation:

By Friday ,employees would have worked for 5 days out of the six-day week  whose cost is $27,600,hence the salaries for the 5 days should be provided as computed below:

salaries accrued =$27,600*5/6=$23,000

The salaries accrued of $23,000 at the close of the period on that particular Friday should be debited to salaries expense and credited to salaries payable prior its payment on Monday.

When payment is made cash would be credited while salaries payable is debited.

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In July, Econo Company purchased materials costing $21,000 and incurred direct labor cost of $18,000. Overhead totaled $32,000 f
Rudik [331]

Answer:

$70,200

Explanation:

Given that,

Cost of material purchased = $21,000

Direct labor cost = $18,000

Total overhead = $32,000

Opening and closing balances in the month of July.

Cost of goods sold for July:

= Cost of material purchased + Direct labor cost + Total overhead + (Opening material + opening work in process + opening finished goods - Closing material - Closing work in process - Closing finished goods)

= $21,000 + $18,000 + $32,000 + ($6,200 + $700 + 3,300 - 7,100 - 1,200 - 2,700)

= $70,200

6 0
4 years ago
The net annual primary productivity of a particular wetland ecosystem is found to be 8,000 kcal/m2 per year. If respiration by t
ss7ja [257]

Answer:

20,000 kcal/m2 per year

Explanation:

Data provided in the question:

Net annual primary productivity of a particular wetland ecosystem

= 8,000 kcal/m2 per year

Respiration by the aquatic producers = 12,000 kcal/m2 per year

Now,

The gross annual primary productivity for this ecosystem will be equal to the sum of all the ecosystem and the producer in the overall ecosystem

Therefore,

gross annual primary productivity for this ecosystem

= 8,000 kcal/m2 per year +  12,000 kcal/m2 per year

= 20,000 kcal/m2 per year

5 0
4 years ago
Who is captain america​
USPshnik [31]

Answer:

a super hero that's part of marvel

3 0
3 years ago
Which of the following relers to subsets of an entire market?
ValentinkaMS [17]
I think it would either be potential markets or target markets but i would probably choose target markets
5 0
3 years ago
The ______ is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
LUCKY_DIMON [66]

Based on project management, the <u>Network Diagram</u> is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.

<h3>Network Diagram in Project Management</h3>

Generally, Network Diagram is a tool used by project managers to visualize the whole concept before the work is carried out. It is also used throughout the project to determine how the work is to be done, including the duration and methods, sequence, and dependency.

<h3>Benefits of a Project network diagram</h3>
  • Visual representation of work or project in progress.
  • Ascertaining project workflows.
  • Tracking dependencies and potential stoppages.

Hence, in this case, it is concluded that the correct answer is Network Diagram.

Learn more about Network Diagram here: brainly.com/question/8147877

4 0
3 years ago
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