! URGENT HELP NEEDED FOR ACCOUNTING ! From Accounting Edition 27

3-4A) Adjustment for Accrued Expense:
Prospect Realty CO. pays weekly salaries of $27,600 for a six-day workweek (Mon-Sat) Journalize the necessary adjusting entry (include explanation) assuming that the accounting period ends on Friday.

Please help, thank you in advance.

What is the most important type of decision that the financial manager makes?

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?