Question

A company pays its employees $1,800 each Friday, which amounts to $360 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:_____.
a. $4,000.b. $800.c. $1,600.d. $2,400.e. $3,200.

Answer 1

Answer:

$1,440

Explanation:

A company pays it's employees $1800 each Friday

This amounts to $360 per day

Therefore the amount of a salaries earned but unpaid is

= 360×4

= $1,440