1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
goldfiish [28.3K]
4 years ago
11

Anthony Delivery Service has a weekly payroll of $32,000. December 31 falls on Tuesday and Anthony will pay its employees the fo

llowing Monday (January 6) for the previous full week. Assume that Anthony has a five-day workweek and has an unadjusted balance in Salaries Expense of $925,000. What is the December 31 balance of Salaries Expense after adjusting entries are recorded and posted?
Business
1 answer:
3241004551 [841]4 years ago
8 0

Answer:

$937,800

Explanation:

The adjusting entry would be

Salaries expense A/c $12,800

      To Salaries payable A/c $12,800

(Being salary is adjusted)

The salaries expense is computed below:

= Total five days × number of days ÷ total number of days

= $32,000 × (2 ÷ 5)

= $12,800

Now the ending balance of salaries expense would be

= Unadjusting balance + adjusting balance

= $925,000 + $12,800

= $937,800

You might be interested in
Each campaign in your adwords account should have a single:
kherson [118]
<span>When making a campaign in your adwords account it is important to make sure there are only single instances of select things including; the maximum cost-per-click (max. CPC) bid, a single landing page, business goal, and ad group.</span>
8 0
3 years ago
The president of Ravens Inc. attended a seminar about the contribution margin model and returned to her company full of enthusia
Makovka662 [10]

Answer and Explanation:

a. The president remark in case of the allocated fixed expenses should be ignored the misleading result as it is seen that the division B has suffered a loss of $6,000 due to which the president exclaimed  "I knew it!.

Moreover the president ignored the given information i.e $172,000 included $94,500 that had been split evenly between divisions as they are classified as a general corporate expenses

So if it is split evenly the general corporate expenses for division B is $31,500 which is come from by dividing the $94,500 from 3 divisions

And if we do not allocated the expenses so all divisions would come in profit  

4 0
3 years ago
When Honda experienced declining sales as a result of quality and safety issues, it began offering buyer incentives to new-car b
kotykmax [81]

Answer:

represent an oligopoly in which there are few sellers, and each seller has considerable control over price.

Explanation:

Car manufacturers are an oligopoly because they are relatively companies that operate around the world, they all offer similar products although they are not identical (e.g. sedans, SUVs, pickup trucks, etc.), and they all possess a considerable market power. Also it is very difficult for a new company to enter the market because the barriers of entry are extremely high since each company sells millions of cars per year worth billions of dollars.  Also, when of them starts a promotional activity, the rest will probably follow.

7 0
4 years ago
What did Adam Smith accomplish
Nikolay [14]
Adam Smith<span> was an economist and philosopher who wrote the "bible of capitalism," The Wealth of Nations, in which is the first system of political economy.

Hope this helped! (:</span>
7 0
4 years ago
Read 2 more answers
Tejasi brings suit against her employer under Title VII for disparate treatment on the basis of Texas's national origin. At tria
aleksley [76]

Answer:

<u>Yes</u>

<u>Explanation</u>:

  1. First, the law is against the action she claims her employer did.
  2. Secondly and more importantly is the fact that she has enough evidence to prove that the review of her performance by her employer was discriminatory. This facts are strong prove;

Tejasi received the poor review one week after the boss made his comment and one day before the demotion.

6 0
3 years ago
Other questions:
  • Kim's Kayak Tours initially identified active retirees living in the retirement community nearby as one of its target markets. K
    12·1 answer
  • Jennifer purchased a prepaid card for transit fares and highway tolls. what kind of card did she purchase?
    10·1 answer
  • What causes a surplus and how can it be fairly quickly resolved? What are the determinants of inelastic demand?
    7·1 answer
  • Michael can buy either pizzas or submarine sandwiches. If the prices of pizza and submarine sandwiches double and​ Michael's mon
    15·1 answer
  • Your company has an average inventory of $70 million. Annual cost of goods sold (COGS) is $280 million. Profit in the most recen
    5·1 answer
  • Mwakilembe Co.ltd is a micro business which buys and sell toys on 1 January 2020 the company predicted its annual sales to be 10
    9·1 answer
  • Which of the following is a tangible incentive for good team performance?
    12·1 answer
  • 2 a) Maklumat merupakan perbualan antara En. Ramli dengan anaknya Mila.
    10·1 answer
  • 1. The capital structure weights used in computing the weighted average cost of capital: A. are based on the book values of tota
    8·1 answer
  • How is a contingent liability reported if it is considered ""reasonably possible?""
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!