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
777dan777 [17]
3 years ago
9

Jamie is the accountant of a logistics company. In the month of December, $5,000 of wages remained unpaid. The accounting period

of the company ends in the month of December. What will be the adjusting entry passed by Jamie?
Mathematics
2 answers:
OleMash [197]3 years ago
8 0

Answer:

The adjusting entry passed by Jamie will be $5000.

Step-by-step explanation:

The full $5000 is wages expense, that will be booked for December only. The payments are not done, so we will credit the account wages payable.

As the payments are made, the wages payable will be debited and if the payments are made through bank, they will be credited in future months.

Note : nature of accounts wages expense = Profit and loss account

nature of wages payable = part of balance sheet

Hence, the adjusting entry passed by Jamie will be $5000.

Ymorist [56]3 years ago
3 0
Wages expenses. 5000
To wages payable. 5000
You might be interested in
Which choice below represents the correct domain for an exponential growth or decay function?
dybincka [34]
D. {x | x E R} because its all real numbers
4 0
3 years ago
Ten pieces of candy are in a bag. They all have the same shape; but 2 pieces are butterscotch flavored, 5 pieces are
gayaneshka [121]

Answer:

\frac{4}{5}

Step-by-step explanation:

4 0
3 years ago
A=1/2(a+b)h<br> solve equation for b
siniylev [52]
B=(2a/h) - a is the answer.
3 0
3 years ago
Is 76 - -9,232,260 positive or negative?
Kitty [74]

Answer:

Positive

Step-by-step explanation:

76 - -9,232,260 = 9232336

6 0
3 years ago
Read 2 more answers
Car A gets 25 miles per gallon and costs $13,000. Car B is a hybrid that gets 45 miles per gallon, but costs $25,000. Assume you
Vlada [557]
A. 25mpg $13,000     B. 45mpg $25,000   15,000 $4
15,000/25 = 600, 600x$4 = 2400   15,000/45 = 333.3, 333.3x$4 = 1333.3
2400 = 1333.3x   x= 1.8 
so 2 years
3 0
3 years ago
Read 2 more answers
Other questions:
  • Is the answer infinite, zero, or indefinite <br> 2x - 1 = 1 - 2x
    7·1 answer
  • 2x+5y=11 and 4x+3y=1 solve with elimination
    5·1 answer
  • What is the product -4 1/2 and 2 1/2 as a mixed number and in simplified form
    13·2 answers
  • All of the girls are Danielle's cabin at camp are the same age. Their counselor is 3 times their age. Danielle's age and her cou
    10·1 answer
  • Carol opened 20 different bags of the same kind of candy and recorded the colors and their frequencies, as shown in the table.
    14·2 answers
  • What is 2+2 l m a o
    9·2 answers
  • O=6+x-24<br> Slope intercept form
    15·1 answer
  • Sam has 36 pieces left to complete a puzzle. He has already put together 414 pieces. How many pieces p are in the puzzle? Write
    15·2 answers
  • Aviation:
    7·1 answer
  • ILL GIVE YOU BRAINLIEST
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!