Mason has a Mason Painting Services has a weekly payroll of $28,000. December 31 fails on Wednesday and Mason will pay its employees following Monday (January 5) for the previous full week. Assume that Mason has a five - day workweek and has an unadjusted balance in Salaries Expense of $790,000. What amount should be debited to Salaries Expense on December 31?
A $790,000
B. $11.200
C $28,000
D, $16,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mason has a Mason Painting Services has a weekly payroll of $28,000. December 31 fails on Wednesday and Mason will pay its employees ...” 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
Centre College, a private liberal arts college in Central Kentucky, charged (billed) tuition and fees of $50,000 based on the registration of students; Centre provided scholarships of $12,000 to the registered students.
Answers (1)
Florida schools offered cash bonuses to students who scored high on the state's standardized exams. The cash bonuses are an example of this economic principle: a. People usually take advantage of opportunities to make themselves better off. b.
Answers (1)
Shaun Barringer has started on his first job. He plans to start saving for retirement. He will invest 4,133 at the end of each year for the next 44 years in a fund that will earn an annual return of 11 percent.
Answers (1)
A supply schedule is characterized by which of the following?
Answers (1)
A total of 1,000 students responded to a survey about using student fees to build a new health care center on campus. Of those responding, 700 students said they "strongly agree" with this proposal. What percentage of students strongly agree?
Answers (1)
New Questions in Business
The pricing function is an integral part of the companies :
Answers (1)
A company calculates the value of inventory by using the lower-of-market valuation method. which value should the company report for the inventory item for the period?
Answers (1)
To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided into two groups. Each person was given a month's supply of tea bags.
Answers (1)
A facility management pro forma cash flow statement has beginning accounts receivable and payable balances of ¥18,000,000 (Japanese Yen) and ¥20,000,000.
Answers (1)
Which of the following statements about the consumers' responses to rising gasoline prices is correct? a. Because gasoline is a necessity, consumers do not decrease their quantity demanded in either the short run or the long run. b.
Answers (1)