At the beginning of the current year, Paxx County's enterprise fund had a $125,000 balance for accrued compensated absences. At the end of the year, the balance was $150,000. During the year, Paxx paid $400,000 for compensated absences. What amount of compensated absences expense should Paxx County's enterprise fund report for the year?
a.$425,000
b.$550,000
c.$375,000
d.$400,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “At the beginning of the current year, Paxx County's enterprise fund had a $125,000 balance for accrued compensated absences. At the end of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A structure's reproduction cost new is $375,000. The home is 12 years old and has an effective age of 8 years.
Answers (1)
Welcome Inn Hotels is considering the construction of a new hotel for $90 million. The expected life of the hotel is 30 years, with no residual value. The hotel is expected to earn revenues of $26 million per year.
Answers (1)
Belle Auto Detailing reported the following results for the past week: Actual number of cars detailed 250 Actual direct labor hours used 625 Actual total direct labor cost $6,500 Budgeted number of cars to be detailed 300 Standard direct labor cost
Answers (1)
Sales returns and allowances A) Represent a reduction of the customer's account receivable B) Provide information about dissatisfied customers and the possibility of lost future sales C) Are omitted from published statements D) Are usually recorded
Answers (1)
When using shared work areas, show consideration by
Answers (1)
New Questions in Business
Miller made a contract to sell his condominium to Jefferson for $80,000. Two days later Miller changed his mind after discovering that he could have sold the property to another buyer for an additional $20,000.
Answers (1)
Before you look for a job, what are three things you should consider about yourself?
Answers (2)
Portfolio investment is defined as A. the diversification of purchasing shares in many companies in one country so that risk is kept to a minimum. B. the purchase of less than 40 percent of the shares of ownership in a company in another country. C.
Answers (1)
Office Palace, Inc., leased an all-in-one printer to a new customer, Ashley, on December 27, 2018. The printer was to rent for $600 per month for a period of 36 months beginning January 1, 2019.
Answers (1)
Philo T. Farmsworth is a corn farmer with a 40-acre tract of land. Each acre can produce 100 bushels of corn. The cost of planting the tract in corn is $20,000, and the cost of harvesting the corn is $10,000.
Answers (1)