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Ray Of Light [21]
2 years ago
13

You have $5,000 to invest for the next year and are considering three alternatives:________.

Business
1 answer:
denis-greek [22]2 years ago
3 0
I think the answer to the question is C.
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Zoey Bella Company has a payroll of $9,440 for a five-day workweek. Its employees are paid each Friday for the five-day workweek
Ratling [72]

Answer:

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

Explanation:

When an expense is incurred but yet to be paid by an organization, the entries required are

Dr Expense (p/l)

Cr Accrued expense (B/s)

when payment is made

Dr Accrued expense (B/s)

Cr Cash account

Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company  as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount

= 4/5 * $9,440

= $7,552

Hence adjusting entry required on December 31, assuming the year ends on a Thursday

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

7 0
2 years ago
I need some help pls
katrin2010 [14]

Answer:

help with what?

Explanation:

6 0
2 years ago
Read 2 more answers
Requirements analysis is a process in which stakeholders identify the features that a project will need and then prioritze them
Nonamiya [84]
I will assume this is a true or false question, the answer is true. Requirements analysis, likewise called requirements engineering, is the way toward deciding client desires for another or altered item. These elements, called necessities, must be quantifiable, significant and point by point. In programming building, such necessities are frequently called utilitarian particulars.
6 0
3 years ago
Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned
raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

5 0
3 years ago
1.
Ksenya-84 [330]

Answer:

i dont know

Explanation:

and i dont care

8 0
3 years ago
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