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
Ipatiy [6.2K]
3 years ago
15

On December 31, 2018, employees who earn $500 per day have worked eight days and will be paid on January 6, 2019. The adjusting

entry on December 31, 2018, includes a debit to Salaries Expense for $4,000.a. Trueb. False
Business
1 answer:
mezya [45]3 years ago
3 0

Answer:

True

Explanation:

Salaries for these eight days represent an accrued expense and a related liability to the firm.

Expense Salaries and Wages Expense is increased = $4,000

Liability account Salaries and Wages Payable is increased = $4,000.

The adjusting entries are as follows:

Debits increase expenses and at the same time Credits increase liabilities:

Salaries Expense A/c  Dr. $4,000

                  To Salaries Payable      $4,000

You might be interested in
Charley likes to have everything organized and she is bothered by the long list of documents on her flash drive. She wants to cr
Ilia_Sergeevich [38]

Answer:

File manager

Explanation:

Charley wants to organise documents according to the semesters, so the best course of action is to use file manager. File manager helps to divide documents and you can name them semester 1, semester 2 accordingly. It helps to organise everything in precise order. You can even give subject names to better handle the documents.

5 0
3 years ago
The market demand for singing dolls is initially made up of 50 buyers. suppose there is a decrease in the number of buyers by 10
Setler79 [48]

I guess the correct answer is the quantity supplied to decrease.

The market demand for singing dolls is initially made up of 50 buyers. Suppose there is a decrease in the number of buyers by 10. Holding everything else constant, one would expect the quantity supplied to decrease.

8 0
4 years ago
I NEED THIS ASAP PLEASE
Nadya [2.5K]

B. Accumulating Wealth. It is the way to understand and continuously add to the wealth.

<h3>What is Wealth/Income?</h3>

Wealth or income is the amount that is earned by individuals, the income is earned in many different ways for example an individual can have a business to earn the income, or an individual can have a job that is salary based. Wealth is the other name of income.

Another method of earning and increasing wealth is Interest Income, when an amount is deposited with a financial institution the amount is added with the interest income.

Interest income is calculated on the interest rate, interest rate is the market rate in the prevailing economy. Income can be earned more by working hard and there are many ways to earn income and it is the goal of all the individuals to grow their wealth.

Learn more about Income at brainly.com/question/27357180

#SPJ1

3 0
2 years ago
is it right to kick someone out just because they are not on the lease and or had been evicted in the past? my step-mom recently
kvv77 [185]

Answer:

Dam are u ok if there is anything u need let me kmow

Explanation:

7 0
3 years ago
Read 2 more answers
During the year, Sara sold a capital asset at a loss of $2,000. She had held the asset as an investment. This is the only capita
Sedbober [7]

<u>Answer: </u>A deduction for a loss incurred on the sale of a capital asset held for investment is a deduction for AGI.

<u>Explanation:</u>

AGI means the Adjusted gross income in the US tax system. Specific deductions are made from the individuals gross income to arrive at the AGI. the income which is taxable is calculated from the adjusted gross income from which personalized exemptions and itemized deductions.

In this case Sara has got a loss of $2,000 on the investment so this amount is deducted as a capital loss for AGI. AGI factors many allowable deductions from the gross income on which the income tax liability is calculated.

4 0
3 years ago
Other questions:
  • Which of the following is correctly included in the entry to record the sale of finished goods? Select one: A. CREDIT to Finishe
    15·1 answer
  • Can somebody please help me
    13·1 answer
  • What type of degree do u need to have to be a hairstylist?
    9·1 answer
  • Tonelli Trucking buys a $65,000 truck on credit. Which financial statement will be affected by this transaction?
    11·1 answer
  • The tendency to immediately recall the first and last items in a list better than the middle items is referred to as the _______
    7·1 answer
  • The rise of emails a series of bad business decisions and a controversial retirement fund have contribute to the monetary strugg
    10·1 answer
  • Interest rates in the economy have fallen. how will this affect aggregate demand and equilibrium in the short run?
    13·1 answer
  • In a monopolized market: total surplus is higher than in a competitive market, while consumer surplus is lower. consumer surplus
    13·1 answer
  • Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and th
    8·1 answer
  • Research reliable news sources to find information on the pros and cons of employers using workers granted H1B visas and the sta
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!