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Genrish500 [490]
4 years ago
10

Brief Exercise 3-7 Sheridan Company’s weekly payroll, paid on Fridays, totals $6,600. Employees work a 5-day week. Prepare Sheri

dan’s adjusting entry on Wednesday, December 31, and the journal entry to record the $6,600 cash payment on Friday, January 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
Business
1 answer:
Taya2010 [7]4 years ago
5 0

Answer:

Explanation:

The journal entry is shown below:

On December 31,2016

Salary Expense A/c Dr $3,960 ($1,320 × 3 days )

      To Salary Payable A/c     $3,960

(Being adjusted salary is recorded)

On January 2

Salary Expense A/c Dr  $2,640  ($1,320 × 2 days )

Salary Payable A/c       $3,960  ($1,320 × 3 days)

       To Cash A/c                          $6,600            

(Being cash is paid)

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Free_Kalibri [48]

Answer:

All of the above except: Don't tell people your dog's name

Explanation:

Hope this helps!

6 0
2 years ago
Using demand and supply curves, show the effect of each of the following on the market for cigarettes.
Alex Ar [27]

There are different aspects of demand curves. The answers is below;

  • A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.

  • The price of cigars will also increases and the demand increases while the curve moves to the right

  • Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.

  • A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.

  • There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.

  • More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.
<h3 /><h3>Demand curve </h3>

The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.

Learn more about curve from

brainly.com/question/1486483

5 0
3 years ago
Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay fo
Delicious77 [7]

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her ​annual wage base.

Answer: Option B

<u>Explanation:</u>

The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.

A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.

8 0
4 years ago
Why are more people using honey today than in previous years?
Anarel [89]
<span>During time, honey was the most appreciated  sweetener, was called the nectar of gods and was used in many ways. As the population increased, sugar took place to honey. But the sugar is not so healthier like honey is. Honey contains important B-complex vitamins, several minerals and amino acids, besides, honey has many flavors. On the other hand, it not at all cheaper than sugar. 

So your answer is B and C</span>
7 0
3 years ago
An agent, broker or lender who are trying to scare owners in a neighborhood into selling their property by suggesting that prope
Fudgin [204]

Answer:

Blockbusting

Explanation:

Blockbusting is when real estate agents illegally persuade a home owner that real estate price will fall, buy their property, and sell at higher prices.

This occurred in the United States where white home owners were convinced prices will fall because black people were moving into the neighbourhood. The real estate agents bought properties at cheap prices and sold them at higher prices to black people.

6 0
3 years ago
Read 2 more answers
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