Answer:
Debit Salary Expense $16,890
Credit Salary Payable $16,800
Explanation:
Accrued expenses are recognised at the end of an accounting period in obedience to the accrual method. All revenues and expenses are to be recognised when they are earned or incurred. The salaries that had accrued at the end of June will have to be recognised by debiting Salary Expense.
The next salary of $24,000 will be paid on July 3. The normal period for payment is 7 days. Days till pay is 7+3 days from July= 10days
$24,000 is payable in 10 days
$ x (accrued wages) will be payable in 7 days
Cross-multiply
$ x= 24,000*(7/10)
$ x= $16,800
Answer:
creativity,college degree, leadership,and ability to express themselves clearly
Explanation:
Answer:
c. Total units accounted for = units in ending work in process + units transferred out
Explanation:
Total units accounted -
It refers to the total units completed during any work process , is referred to as the total units accounted .
i.e. ,
The total units accounted is the sum of the units transferred out plus the units in the end of the process .
Hence ,
Total units accounted for = units in ending work in process + units transferred out , is the correct equation .
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
Her premiums would rise, Rebecca decided to lower her deductibles the amount of expense that usually covered b the deductibles would be allocated to the premium