Answer:
Debt Salaries payable is $8800
Credit Salaries expense is $8800
Explanation:
given data
earn unpaid and unrecorded salaries = $8,800
paid = $22,000
to find out
journal entry to reverse the effect
solution
here journal entry to reverse the effect January 1 journal entry to reverse the effect of the December 31 salary expense accrual is as
particular debt credit
Salaries payable $8800
Salaries expense $8800
as here unpaid salaries of December is paid in January
Answer: They make sure employees get fair pay.
Explanation: Brainliest please
Answer:
The balance after adjustment is $57,000
Explanation:
Bad debt expense is the company's expense due to the inablity if it's debtor to pay their owed amount. Bad debts expense is also referred to as uncollectible accounts expense. The estimated estimated uncollectible accounts given in the question is $57,000. So the balance after adjustment of the allowance for doubtful accounts would be $57,000 debit.
Answer:
revenue cycle
Explanation:
Dolores Yu provides a payroll processing business. According to question, service has been rendered and now its time to collect bills for those service.
Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.
<span>Net gain of $0.40 per headlight.
Let's calculate how much it will cost Peluso to make each headlight.
First, let's add the direct labor and materials costs
$3 + $4 = $7
Now let's add the manufacturing overhead that would actually be affected by making head lights. Since 40% is unaffected, we need to multiply the overhead by 100% - 40% = 60% before attributing that cost to the headlights. So
$6 * 0.60 = $3.60
And let's add that to the current cost of making the headlight
$7 + $3.60 = $10.60
And finally, let's subtract that from the cost of the headlight if outsourced.
$11 - $10.60 = $0.40
So the Peluso company will save $0.40 per headlight that they manufacture themselves.</span>
