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spayn [35]
2 years ago
8

{The following information applies to the questions displayed be/ow. Fighting Irish Incorporated pays its employees $3,220 every

two weeks ($230/day). The current two-week pay period ends on December 28, 2018, and employees are paid $3,220. The next two-week pay period ends on January 11, 2019, and employees are paid $3,220. 3. Calculate the 2018 year- end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable befu adjustment in 2018 is $0).
Business
1 answer:
matrenka [14]2 years ago
6 0

Answer: $690

Explanation:

The 2018 year- end adjusted balance of Salaries Payable will be calculated as:

= January 1, 2018 balance + Adjustment on December 31, 2018

= $0 + $690

= $690

Note: Salaries accrued at December 31, 2018 will be:

= (Number of days from December 29 - 31) × Salary per day

= 3 × $230

= $690

Therefore, the balance on salaries payable is $690

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3 years ago
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Market research.
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2 years ago
The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
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7 0
2 years ago
The sec filed civil false-certification charges against which u.s. financial institution
drek231 [11]
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3 years ago
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11111nata11111 [884]

Answer:

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8 0
3 years ago
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