Exit Assignm

On April 1, the company retained an attorney for a flat monthly fee of $2,000. Payment for April legal services was made by the

olga55 [171]

Answer:

Journal Entries

Date Account Titles and Explanation Debit Credit

April 30 Salaries expenses $4,800

($12,000/5) * 2

Salaries payable $4,800

(To record the Accrual of salaries expense)

May 30 Salaries Expenses

($12,000/5)*3 $7,200

Salaries payable $4,800

Cash $12,000

(To record the payment of salaries expenses)

6 0

3 years ago

Henry Hutchins is discontent with his job but believes that his supervisor is a good man who will do whatever is necessary to re

insens350 [35]

Answer: (A) Loyalty

Explanation:

According to the given scenario, Henry hutchins is dissatisfied with his job but he believes to the supervisor of the company that he helps in reducing the stress and disappointment from the job.

The Henry repose to the given problem is refers as the loyalty as he shows faith to his supervisor and also shows the loyalty that he helps in improve the conditions of his job.

The loyalty is the term that shows the positive, reliable and the trust quality of the person that the one person devoted to other.

Therefore, Option (A) is correct answer.

5 0

2 years ago

Grand River Corporation reported pretax book income of $620,000. Included in the computation were favorable temporary difference

Alex

Answer:

The corporation's current income tax expense or benefit would be $86,940.

Note: The Internal Revenue Service (IRS) 2019 tax rate of 21% for corporation is used since the tax rate is not given in the question.

Explanation:

Details Amount ($)

Pretax book income 620,000

Favorable temporary differences (160,000)

Unfavorable temporary differences 106,000

Favorable permanent differences <u> (152,000) </u>

Adjusted income 414,000

Tax expenses (at 21%) <u> (86,940) </u>

Profit after tax <u> 327,060 </u>

Therefore, the corporation's current income tax expense or benefit would be $86,940.

Note: The Internal Revenue Service (IRS) 2019 tax rate of 21% for corporation is used since the tax rate is not given in the question.

7 0

3 years ago

Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronest

Nuetrik [128]

The resource would be most helpful for this careeronestop hence option A is the correct answer.

<h3>What is Careeronestop?</h3>

Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.

Careeronestop provides resources ranging from videos, training, and workshops.

Learn more about Careeronestop here:

brainly.com/question/24731439

#SPJ4

3 0

2 years ago

You are the manager of an off-site airport auto rental office. An employee has informed you that the shuttle bus driver, who is

Dafna11 [192]

The ethical dilemma is whether u wanna look at the safety at staff or customers or wanna remove the driver from the job bc he could get drunk

Customers and staff- primary stakeholders

staff union and future shareholders of the company bc the image of the bus company will get harmed- secondary stakeholders

i only know the answer to the first 2 hope this helps x!!

8 0

3 years ago