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alexandr402 [8]
3 years ago
9

A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday.

If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
Business
1 answer:
Sever21 [200]3 years ago
8 0
I would say $800 since the unpaid amount is for the whole month and weekly they are paid on Friday so they would only be out the one day or the $800. In other words, for a month or if that is 4 weeks exactly they would get paid 4 x 4000=16000-800 = $15,200 on the Thursday.
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no they work for what they have and they work there way to where they are because not everyone can wakeup and be a D-1 football player or a singer those things take time, effort, determination to not give up, and etc. So with all this i think they get payed for what they earn becuase not all singers actors and althletes make the same amount of money!

Explanation:

8 0
3 years ago
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On january​ 1, 2017​ hillop, inc. had total assets of​ $370,000. during the​ year, the company purchased new machinery worth​ $8
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3 years ago
In Herzberg’s two-factor theory, ____________________ are things such as challenging work assignments, accomplishment and person
ExtremeBDS [4]
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3 years ago
Sandra and Debbie have a shared policy. Information on the Form 1095-A must be allocated between their two tax returns. Both of
Airida [17]

Answer:

Yes, Sandra can claim Debbie as a qualifying relative on her yearly return as Sandra and Debbie have a shared policy. Information on the Form 1095-A must be allocated between their two tax returns.

Explanation:

When determining the premium tax credit on a tax return, a Shared Policy Allocation should then be reported by each taxpayer on their respective tax returns so that the amounts reported on the Health Insurance Marketplace Statement (Form 1095-A) can be allocated between the individuals on the policy.

A Shared Policy occurs when a qualified health plan has been purchased from the Marketplace or from a state health care exchange and it covers at least one individual on the tax return and at least one individual not on the tax return under several scenarios as the one with Sandra claiming Debbie or viceversa , in their Shared Policy, they, as taxpayers, will need to allocate the three amounts reported on Form 1095-A (enrollment premiums, SLCSP premiums, and/or APTC) between the taxpayer's tax return and the tax return of the other individual(s) who is not on this tax return and is filing their own return. This is known as a Shared Policy Allocation.

Sandra and Debbie have a shared policy. Sandra got the 1095-A Form for she and Debbie´s covereage individuals for the year, therefore, Sandra can claim Debbie as a qualifying relative on her yearly tax return because Debbie lived with Sandra as a member of her household, unless Debbie has had gross income of more than $4,200 during the tax year.

Both Sandra and Debbie can claim the entire amount of the premium tax credit since both of their names are shown on Form 1095-A as covered individuals, but Sandra should reconcile the entire premium tax credit information from her Form 1095-A on her tax return, or Debbie should reconcile the entire premium tax credit information from Sandra's Form 1095-A on her tax return. Sandra and Debbie have a shared policy. Information on the Form 1095-A must be allocated between their two tax returns.

3 0
3 years ago
Regarding the present value of an annuity, the present value of an annuity due will always be worth less compared to the present
KATRIN_1 [288]

Answer: false

Explanation:

Annuity due is an annuity whereby the payment is normally due at the beginning of every period which can be annually, semi annually, monthly, or quarterly. Examples of payments with annuity due include rents and, leases.

In ordinary annuity, the main difference is that the payments have to be made at the end of every period.

It should be noted that the present value of an annuity due is typically worth more when it is compared to the present value of ordinary annuity.

5 0
3 years ago
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