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
UkoKoshka [18]
3 years ago
6

Assume that the weekly payroll of in the woods is . December​ 31, end of the​ year, falls on​ Tuesday, and will pay its employee

on Friday for the full week. What adjusting entry will make on​ Tuesday, December​ 31?​ (Use five days as a full​ workweek.)
Business
1 answer:
shusha [124]3 years ago
6 0

Answer and Explanation:

The adjusting entry made on Tuesday is as follows

Salaries expense Dr $120  ($300 × 2 days ÷ 5  days)

         To Salaries payable $120

(Being the salaries expense is recorded)

here the salaries expense is debited as it increased the expenses and salaries payable is credited as it also increased the liabilities.

You might be interested in
Imagine that you own a company that sells computer parts.
AnnZ [28]

Answer :

Import

Fewer

6 0
3 years ago
Read 2 more answers
If a commercial banking system has $200,000 in checkable deposits, actual reserves of $70,000, and a reserve ratio of 20 percent
Solnce55 [7]

Answer:

B. False

Explanation:

The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).

The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio.  The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio.  With this multiplier factor, banks can increase the currency in circulation.  This is why central banks use the reserve ratio to monitor the supply of money in their economies.

4 0
3 years ago
Discuss the negative effect of technology on work-life balance
Svetllana [295]
It can lead to burnout, low performance, stress leave,sick leave
8 0
2 years ago
A woman walks into a store and steals $100 she comes back and buys $70 worth of goods with the $100, the owner gives her$30 in c
deff fn [24]
The answer is $100.

Amount she steals= $100
Amount she bought goods= $70
Amount the owner returns as change = $30
Amount owner loses=?

Amount she steals +amount of goods - amount she gives to owner + amount owner returns as change = $100 + $70 - $100 + $30 = $200 - $100 = $100
8 0
3 years ago
Burger Boy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY, Inc., an unaffiliate
Yuri [45]

Answer:

A License

Explanation:

Burger Boy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY, Inc., an unaffiliated company. Burger Boy NY does not obtain ownership rights in the mark. This is a license. When one firm gives its rights to another firm under this type of contract, the ownership rights always remains with the parent company and licensee can't have ownership rights, they can use only the name and products of that parent company to the customers, but ownership held with the parent company. For example, when KFC and McDonald's gives the right to make and sell their products all over the world, the ownership rights are always reserved with the parent company.

3 0
3 years ago
Other questions:
  • If Vera buys 1/2 of of a kilogram of nuts,how much will she spend?
    12·1 answer
  • Dual distribution refers to
    14·1 answer
  • Before beginning to compose a successful business message, you need to collect necessary information by conducting informal or f
    10·2 answers
  • Following errors occurred in posting from a two-column journal:
    8·1 answer
  • "marvel parts, inc., manufactures"
    9·2 answers
  • Yvette is preparing a direct claim message. Her bank account has been incorrectly debited a duplicate charge of $132.45 for a pa
    9·2 answers
  • At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $36,554. During the year, the company repaid
    7·1 answer
  • I HAVE A FEW QUESTIONS THAT I NEED TO ANSWER YOU DO NOT NEED TO ANSWER ALL, IS YOU KNOW ANY OF THEM PLS HELP! And don't forget t
    7·1 answer
  • Following is the income statement for Nordstrom Company. Assume that the combined federal and state statutory tax rate is 37%. (
    8·1 answer
  • It is likely that you won’t like the prospect of paying more money each month, but if you do take out a 15-year mortgage, you wi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!