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
Katen [24]
3 years ago
15

Proctor Inc. has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the acc

ounting year, falls on Wednesday, Proctor would make an adjusting entry that would
a. increase wages expense $4,800.
b. decrease wages payable $4,800.
c. decrease cash $4,800.
d. increase wages payable $8,000.
Business
1 answer:
s2008m [1.1K]3 years ago
5 0

Answer:

The correct option is A

Explanation:

The weekly payroll amount to $8,000, which starts from Monday to Friday.

So, per day payroll would be:

Per day payroll = Weekly payroll ÷ Number of Days

= $8,000  ÷ 5

= $1,600

And the December 31, is Wednesday. So, the wages expense will increase for 3 days (that is Monday, Tuesday and Wednesday).

It would amounts to:

= Per day payroll × Number of days

= $1,600 × 3

= $4,800

You might be interested in
Architects consider this when designing a building.
frozen [14]
When designing a building an architect consider following things;
<span>The site or place where the building is going to be constructed, second thing he considered is engineering, another thing he considered while designing is the needs of the user and the materials which are going to be used in constructing a building.</span>
5 0
3 years ago
A young worker is starting her first job at a research lab. She spent four years
Lelechka [254]

Answer: Market economy

Explanation: A P E X

7 0
3 years ago
Match the terms to their definitions.
Irina-Kira [14]

The question requires matching the terms to their definitions.

  • <u>Hiring</u> is the process of employing (someone) for wages.

  • <u>Recruitment</u> is the process of finding new people to join an organization.

  • <u>Job Description</u> informs applicants about the responsibilities and required qualification.

  • <u>Recruitment Plan</u> is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

  • <u>Offer</u> is a proposal put forward by an employer to a prospective employee.

  • <u>References</u> serve the purpose of gathering information about a prospective employee from previous employers.

  • <u>Types of Recruitment</u>: internal (employees within the company) and external (people outside the company).

  • <u>Compensation</u> the money the employee will receive as a salary or wages.

  • <u>Interview</u> a face to face meeting between an employer and a job applicant.

Read more:

brainly.com/question/17850173

8 0
3 years ago
Which institutes offer two-year programs that enable students to obtain an associate degree?
ehidna [41]

Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.

3 0
3 years ago
Parne Two large American beer producers have decided to merge and seek government approval. They claim that by joining forces th
leonid [27]

Answer:

The correct answer is letter "A": Beer prices will go down.

Explanation:

Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.

5 0
4 years ago
Other questions:
  • Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat
    5·1 answer
  • Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she
    6·2 answers
  • Most of the stock price response to a corporate earnings or dividend announcement occurs within ________________.A. about 30 sec
    11·1 answer
  • Which of the following statements are true regarding dividends?
    11·1 answer
  • Which branch of government has exercised the most power regarding race to the top, common core standards, and its assessments? w
    5·1 answer
  • Which of the following is an entrepreneur?
    15·1 answer
  • In what federal body do all bills concerning taxes/revenue originate?
    8·1 answer
  • Riverbed Corporation had the following activities in 2020. 1. Sale of land $186,000 4. Purchase of equipment $428,000 2. Purchas
    13·1 answer
  • Jerrod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his coworkers and superv
    15·1 answer
  • Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!