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
Serggg [28]
3 years ago
8

Zoey Bella Company has a payroll of $6,200 for a five-day workweek. Its employees are paid each Friday for the five-day workweek

. Journalize the adjusting entry required on December 31, assuming the year ends on a Thursday.
Business
1 answer:
AveGali [126]3 years ago
3 0

Answer:

Debit Salaries Expense $6,200

Credit Salaries Payable $6,200

Explanation:

Preparation of the adjusting entry required on December 31, assuming the year ends on a Thursday.

Based on the information given the appropriate

adjusting journal entry required on December 31, assuming the year ends on a Thursday will be :

December 31

Debit Salaries Expense $6,200

Credit Salaries Payable $6,200

You might be interested in
Mateo exchanges a rental house at the beach with an adjusted basis of $225,000 and a fair market value of $200,000 for a rental
KengaRu [80]

Answer:

B

Explanation:

4 0
3 years ago
What are some negative effects of the traditional economy?
zalisa [80]
I think it’s D. All of the above
3 0
3 years ago
Which of the following is NOT a reason to invest your money?
Katen [24]
A. <span>It's safer just to keep it at home in a secure place.

This is a reason to NOT invest. The others are all reasons TO invest. </span>
8 0
3 years ago
Why should you find out how far away a job is from your home?
Aliun [14]
So you could calculate the time it would take to get to work. And the cost to get there like transportation and gasoline.
8 0
3 years ago
Read 2 more answers
Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior
VladimirAG [237]

<u>Full question:</u>

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.

A. top-down budgeting

B. incremental budgeting

C. bottom-up budgeting

D. zero-based budgeting

<u>Answer:</u>

In the given scenario, Fifian Inc. most likely uses top-down budgeting

<u>Explanation:</u>

Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.

Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.

3 0
3 years ago
Other questions:
  • Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?
    12·1 answer
  • A substance has a mass of 360 g and a volume of 7.5 mL. What is its density?
    6·1 answer
  • Ellie and Linda are equal owners in Otter Enterprises, a calendar year business. During the current year, Otter Enterprises has
    7·1 answer
  • Charles, Anna, Elle, and Adam are college friends and work in New York City. Comfortable living in New York occurs at about $40,
    14·1 answer
  • “The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrar
    13·1 answer
  • Sparks Corporation has a cash balance of $15,300 on April 1. The company must maintain a minimum cash balance of $12,500. During
    13·1 answer
  • Q 20.27: Liberty Bicycles currently sells unassembled bikes for $240 each. The variable production costs for each bike are $35 a
    5·1 answer
  • Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear
    9·1 answer
  • Fran, a spokesperson for her company, gives a speech harshly criticizing the mayor and his business policies. Fran's boss, howev
    14·1 answer
  • accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!