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
rjkz [21]
3 years ago
11

On January 9, a company pays $5,910 for salaries and wages of which $2,870 was reported as Salaries and Wages Payable on Decembe

r 31. Give the entry to record the payment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Business
1 answer:
Orlov [11]3 years ago
7 0

Answer: Please find answer in explanation column

Explanation:

Journal entry to record payment of Salaries and wages

Dates                   Account title                      Debit               Credit

Jan 9     Salaries and Wages  Payable         $2,870  

       Salaries and Wages Expenses              $3,040

              Cash                                                                       $5,910

Calculation

Salaries and wages Expense = Cash -Salaries and Wages  Payable

= $5,910- $2,870=$3,040

You might be interested in
How are eggs processed to prepare them for shipping and purchasing by a consumer.
horsena [70]

According to the manufacturing process, the eggs are processed to prepare them for shipping and purchasing by a consumer through the use of an <u>automated machine, called a “breaker</u>."

<h3>What is the Automated Machine known as Breaker?</h3>

The automated machine known as the <u>breaker</u> in the processing and preparation of eggs is known to break the eggshell, and most often segregates the yolks from the whites.

Typically, these eggs are then pasteurized and processed into liquid, frozen or powdered form to be utilized in restaurants and bakeries or to make other products such as mayonnaise or shampoo.

<h3>The processing of eggs usually involved the following process or steps:</h3>
  • breaking,
  • filtering,
  • mixing,
  • stabilizing,
  • blending,
  • pasteurizing,
  • cooling,
  • freezing
  • drying, and
  • packaging.

Hence, in this case, it is concluded that the correct answer is the use of the <u>automated machine, called a “breaker."</u>

Learn more about Egg Processing here: brainly.com/question/14243761

#SPJ1

8 0
1 year ago
Government's unfunded liabilities: a. result in more efficient policies in an attempt to satisfy these liabilities. b. result fr
Misha Larkins [42]

Answer:

The correct answer is B. result from the political bias toward immediate benefits and deferred costs.

Explanation:

While many people run hysterically on the streets begging politicians to act in the face of the threat of climate change, many people, young and old, may be demanding the same type of action, but to fix the unfunded passive systems.

By extending eligibility and increasing the benefits of a pay-per-use system while at the same time having fewer children to finance it, previous generations have left a fearsome financial obligation. Either taxes will increase dramatically for tomorrow's workers, lowering their standard of living, or benefits will fall for tomorrow's retirees, lowering their standard of living. A group will feel very angry.

These problems were anticipated even when politicians were raising payments, but each elected government simply kicked the can and allowed things to continue as usual.

 Social security systems and pension funds are actuarially not funded systems. There is no obligation for this generation to have children at the same rate as previous generations. Therefore, when those born in the 1950s reach retirement age in the next century, their stipends will feel more like a burden due to the ranks of non-active members of society that will depend on their contributions to live.

5 0
4 years ago
You receive an invoice for $565.00 with terms 3/10, net 30. If you pay it immediately, how much will you pay
Alika [10]
565 x 3% = $16.95

$656 - $16.95 = $548.05
3 0
3 years ago
why would it be inefficient for a producer to start producing audio cassettes instead of CD'S today? what resources would be was
patriot [66]

Explanation:

The consumer won't want to buy cassettes because most music players are cd players if not even that. Plastic, time, money, and labor would be wasted.

8 0
3 years ago
A construction company entered into a fixed-price contract to build an office building for $28 million. Construction costs incur
Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

4 0
4 years ago
Other questions:
  • The chart indicates the education of three different
    14·2 answers
  • Jan. 1 Purchased 5,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $2 per share cash dividend pay
    15·1 answer
  • The exit-voice-loyalty-neglect (EVLN) model Multiple Choice outlines the four consequences of emotional intelligence. is a templ
    12·1 answer
  • Division of labor increases in __________. As the food supply grows, not everyone needs to be engaged in food production. Some p
    15·1 answer
  • The Closed Fund is a closed-end investment company with a portfolio currently worth $195 million. It has liabilities of $20 mill
    9·1 answer
  • PLEASE HELP QUICK!!!!!
    9·2 answers
  • What may happen if your job does not require you to use the aptitudes you possess?
    12·2 answers
  • V
    12·2 answers
  • ________ is an organized movement of citizens and government agencies to improve the rights and power of buyers in relation to s
    8·1 answer
  • Step 4: Use the line chart to determine the approximate price of the stock at the beginning of 2003. How much money would you ha
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!