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3 years ago

The journal entry a company uses to record accrued vacation privileges for its employees at the end of the year is:________.

Business

1 answer:

Lilit [14]3 years ago

6 0

Answer:

C. debit Vacation Pay Expense; credit Vacation Pay Payable

Explanation:

In as much as the name implies, debit vacation pay expense of the said worker is moved to his/her credit vacation pay payable. And cases like this comes up when the said worker is about to go on a vacation. This vacation pay expense is been considered a liability because it causes depreciation in equity.

Therefore accrued vacation privileges of an employer are times in which a worker has to go on a free working period that in some cases can be a vacation which deals with a debit Vacation Pay Expense; credit Vacation Pay Payable by the end of the year.

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Who plays f o r t n i t e

ohaa [14]

Answer:

not me i play buildroyal.io

Explanation:

5 0

2 years ago

People live for four periods. They can choose to work for all four periods, or can attend school in the first period and then wo

blondinia [14]

Answer:

People should disregard schooling and thus work in the entire life period.

Explanation:

Condition 1--- Work throughout the 4 periods

The NPV = $\frac{30,000}{1.1} + \frac{30,000}{1.1^2} + \frac{30,000}{1.1^3} + \frac{30,000}{1.1^4}$

= 27,272. 7 + 24,793.3 + 22,539.4 +20,490.4

= 95,095.8

Condition 2 - Attend school and work later

The NPV = -28,000 + $\frac{50,000}{1.1^2} + \frac{50,000}{1.1^3} + \frac{50,000}{1.1^4}$

= -28000 + 41,322.31 + 37,565.7 + 34,150.6

= 85,038.61

Conclusion: Since the NPV of not going to school is higher, people should disregard schooling. They should work in the entire life period.

3 0

3 years ago

"An expenditure made in connection with a machine being used by a company to produce inventory should be expensed immediately if

Ipatiy [6.2K]

Answer:

True

Explanation:

Efficiency related expenditures are more closely with day-to-day servicing of the machine. Such an expenditure just maintains machine's capacity to save the future economic benefits rather than improve its capacity.

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3 years ago

Identify the correct statement regarding an employee assistance program. Multiple Choice It involves hiring an arbitrator from o

Genrish500 [490]

Answer:

It is a system that supervisors can use to refer their employees for professional treatment when necessary.

Explanation:

The employee assistance program is the program that helps the employee to received the benefits for assist the manager to solve out the personal problems that occurs at the time of performing a job that directly impact your job performance in terms of health, mental, emotional behavior

Therefore the above represent the answer

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2 years ago

Which of the following sections of a business plan comes first but should be written last?

8090 [49]

Answer:

B. Executive Summary

Explanation:

Executive Summary is a business plan which comes first and should be written last

3 0

2 years ago