How much cash was paid for salaries during October

Assignment Help Accounting Basics
Reference no: EM132705727

Question - Salaries Payable were P3,500 at the end of September and P2,800 at the end of October. Salaries Expense for October was P18,000. How much cash was paid for salaries during October?

A. P18,700

B. P24,100

C. P17,300

D. P11,700

Reference no: EM132705727

Questions Cloud

Moral criticisms of the market : This assignment requires you to read "Moral Criticisms of the Market" by Ken S. Ewert
What nursing actions employ to decrease patient risk : In caring for a patient with an indwelling urinary catheter, what nursing actions can be employed to decrease the patient's risk for the development.
What entry should National American Bank make to record loss : The bank decided that the loan was impaired. The loss is estimated to be $238,700. What entry should National American Bank make to record this loss
Determine the specific cause of the patients symptoms : A 67-year-old female patient presents to the emergency room you work at complaining of shortness of breath and pain on the right side of her chest.
How much cash was paid for salaries during October : Salaries Payable were P3,500 at the end of September and P2,800 at the end of October. How much cash was paid for salaries during October
What is valence before-tax cost of debt : What is Valence's before-tax cost of debt? If Valence's marginal tax rate is 35 percent, what is Valence's after-tax cost of debt?
Determine the alpha the informed traders make : Assume the economy consisted of three types of people. 50% are followers, 45% are passive investors holding onto the market portfolio and 5% are informed trader
Would the payments be tax free : When she is "out of work" could she collect unemployment? What about workers compensation - Can she use her HSA to pay these expenses
Described what you have learned regarding schizophrenia : Described what you have learned regarding Schizophrenia? What signs symptoms and expecting finding are seen in this condition?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate abc company budgeted sales in march

Shown below are the budgeted sales for ABC Company for the first five months of 2020, Calculate ABC Company's budgeted sales in March

  Calculate the cost of goods sold and ending inventory

Calculate the cost of goods sold and ending inventory for June 2020 using both the Weighted Average cost and First in, first out (FIFO) method

  What is the adjusted reconciled balance

Paula's checkbook balance on April 30 was $1,498.00 and her bank statement balance for the same period was $1,207.88. She discovered from her cancelled checks.

  Find the estimated sales revenue for the coming month

ABC Company, Find the estimated operating income for the coming month. Find the estimated sales revenue for the coming month.

  How do these short-term investments affect income statement

Day Systems had no short-term investments prior to 2011. It had the following transactions involving short-term investments in available-for-sale securities.

  Prepare revaluation account and capital accounts

Prepare Revaluation account, Partners' Capital accounts and Balance Sheet of X & Y after Z's retirement. Also prepare Z's Loan account till it is fully paid.

  How much should be set aside today

Each of the following scenarios is independent. How much should be set aside today, so that it will grow to $30,000 in 15 years? The discount rate is 9%

  Can you please show me the solution step by step

Can you please show me the solution step by step and also included the whole calculation ; i need to understand the solution to solve another one on my own

  Find direct material costs

NM Company estimates the following costs for the coming month: Required - Find Direct material costs

  Laura borrows 3000 for 10 years at 13 annual effective rate

laura borrows 3000 for 10 years at 13 annual effective rate of interest. she pays interest annually and accumulates

  You have 10000 to invest at 5 annually and you will keep

you have 10000 to invest at 5 annually and you will keep the money invested for 10 years. what will this amount grow

  What was the amount of supplies purchased during the year

The supply account has a balance of $1,100 and the supply expense account has a balance of $3,100, What was the amount of supplies purchased during the year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd