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lawyer [7]
2 years ago
5

Mason Painting Services has a weekly payroll of $28,000. December 31 falls on Wednesday and Mason will pay its employees the fol

lowing Monday (January 5) for the previous full week. Assume that Mason has a five-day workweek and has an unadjusted balance in Salaries Expense of $800,000 at December 31. What amount should be debited to Salaries Expense on December 31?
Mathematics
1 answer:
Inga [223]2 years ago
7 0

28000 / 5 days = $5,600 per day

Wednesday, Thursday, Friday = 3 days.

5,600 x 3 days = $16,800

The amount should be $16,800

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