Answer:
The wages are due for 4 days till Dec 31 | |||
Debit | Credit | ||
Wages Expense | 8,000 | =10,000*4/5 | |
Wages Payable | 8,000 | ||
Calculator Zoey Bella Corp. has a payroll of $10,000 for a five-day workweek. Its employees are...
Paradise Realty Co. pays weekly salaries of $25,500 on Friday for a five-day workweek ending on that day. a. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Monday. If an amount box does not require an entry leave it blank b. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Thursday. If an amount box does not require an entry leave it blank.
1) Perimeter Realty Co. pays weekly salaries of $14,800 on Friday for a five-day workweek ending on that day. a. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday. If an amount box does not require an entry, leave it blank. b. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Thursday. If an amount box does not require an entry,...
1) Silver Star Realty Co. pays weekly salaries of $16,200 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry assuming that the accounting period ends on Tuesday. If an amount box does not require an entry, leave it blank. 2) The supplies account had a beginning balance of $4,085 and was debited for $7,810 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year, assuming the amount...
35. JHJ Rental Car Company pays its employees weekly $5,000for an workweek on Friday. Required: Utilizing the calendar listed above record- Payment of regular payroll on December 27 en • Adjusting entry required on December 31 • Subsequent entry upon payment of salaries on January 3, 2018. 36. JHJ Rental Car Company pays its employees weekly $10,000 for a five day workweek on Friday. Required: Utilizing the calendar listed above record- silu batues • Payment of regular payroll on December...
Jones Company as a five day workweek (Monday through Friday). Employees earn $1,000 each workweek. a) If the month of September ends on Wednesday and wages will not be paid until Friday, how much wage expense should be accrued (and recorded as expense) in September? b) What is the effect on the accounting equation on September 30?
Garcia Realty Co, pays weekly salaries of $14,500 on Friday for a five-day workweek ending on that day. Joumatre the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday and (b) on Thursday. Refer to the Chart of Accounts for exact wording of accounties. PAGE 1 How does grading work? Score: 7/25 ACCOUNTING EQUATION JOURNAL ASSETS CREDIT LIABILITIES EQUITY POST RDF DERIT DESCRIPTION DATE 1 Adjusting Entries 2
Stress Free Reality Co. pays weekly salaries of $17,125 on Friday for a five day workweek ending on that day. Journalize the nessary adjusting entry at the end if the accounting period assuming that the period ends on Monday
Adjustment fot Accrued Expense
Joos Realty Co. pays weekly salaries of $20,250 on Monday for
a six-day workwook ending the preceding Saturday.
Journalize the necessary adjusting entry at the end of the
accounting period, assuminh that the period ends on Friday. Round
your answers to nearest whole dollar. of an amount box does not
require an entry, leave it blank.
Adjustment for Accrued Expense Joos Realty Co. pays weekly salaries of $20,250 on Monday for a six-day workweek ending the...
Adjustment for Accrued Expense Grega Realty Co. pays weekly salaries of $16,000 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday. Round your answers to nearest whole dollar. If an amount box does not require an entry, leave it blank. Accounts Payable Accounts Receivable Cash Prepaid Salaries Salaries Expense Salaries Payable Salaries Receivable Salaries Revenue
We-Sell Realty Co. pays weekly salaries of $10,375 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry assuming that the accounting period ends on Wednesday. Round your answer to the nearest whole dollar.