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kirill115 [55]
3 years ago
13

A company pays its employees $2,900 each Friday, which amounts to $580 per day for the five-day workweek that begins on Monday.

If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

$2,320

Explanation:

Calculation to determine what amount of salaries earned but unpaid at the end of the accounting period is:

Ending salaries earned but unpaid=$2,900-$580

Ending salaries earned but unpaid=$2,320

($2,900-580)

Therefore the amount of salaries earned but unpaid at the end of the accounting period is: $2,320

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mote1985 [20]

Answer:

The correct option of this question is (B). Explanation of this answer is given below in the explanation section

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(B) is Correct Option:

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Why other options are not correct

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(C). Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization is the responsibility of the accounting department. And, accounting manager is responsible for such types of activities to perform in an organization.

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