Business, 04.02.2020 21:47 spearjj

Pablo management has five part-time employees, each of whom earns $250 per day. they are paid on fridays for work completed monday through friday of the same week. near year-end, the five employees worked monday, december 31, and wednesday through friday, january 2, 3, and 4. new year's day. (january 1) was an unpaid holiday. 1. prepare the year-end adjusting entry for wages expenses. 2. prepare the journal entry to record payment of the employees' wages on friday, january 4.pablo management has five part-time employees, each of whom earns $250 per day. they are paid on fridays for work completed monday through friday of the same week. near year-end, the five employees worked monday, december 31, and wednesday through friday, january 2, 3, and 4. new year's day. (january 1) was an unpaid holiday. 1. prepare the year-end adjusting entry for wages expenses. 2. prepare the journal entry to record payment of the employees' wages on friday, january 4.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 05:30

Financial information that is capable of making a difference in a decision is

Answers: 3

Answer

Business, 22.06.2019 10:50

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

Answers: 2

Answer

Business, 22.06.2019 13:50

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.

Answers: 2

Answer

Business, 22.06.2019 22:40

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?

Answers: 1

Answer

You know the right answer?

Pablo management has five part-time employees, each of whom earns $250 per day. they are paid on fri...

Questions