How much cash was paid to employees as wages during the year

Assignment Help Accounting Basics

Reference no: EM131896421

Problem

KRJ Corporation reported annual wages expense of $9,650 million. Wages payable at the beginning of the year was $430 million and at the end of the year it was $514 million. How much cash (in $ millions) was paid to employees as wages during the year?

Reference no: EM131896421

Questions Cloud

What amount of income does kross report relating : Kross Company purchase an equity investment in Penno Company. What amount of income does Kross report relating to the investment in Penno for the year? Explain.

How the vision of the company is developed in this case : How the vision of the company is developed in this case and give additional examples of methods with which the vision of the company can be developed?

Prepare separate sales budgets for each division : Kroger Corporation had the following budget. Prepare separate sales budgets for each division and for the company in total for the third quarter of 2016.

Discuss the effects of uncertainties and biases on decision : Discuss the effects of uncertainties and biases on decision quality? Give examples of uncertainties and biases?

How much cash was paid to employees as wages during the year : KRJ Corporation reported annual wages expense of $9,650 million. How much cash (in $ millions) was paid to employees as wages during the year?

How is the philosophy of information sharing developed : Does this start with individuals in various teams or does this start with organizational leaders? What are your thoughts?

How much profit will the company make : Kratzen Company sells a product at $50 per unit that has unit variable costs of $30. How much profit will the company make if it sells 4,000 units?

Prepare the necessary entry under cost-of-goods-sold method : Kumar Inc. uses a perpetual inventory system. Prepare the necessary December 31 entry under (a) the cost-of-goods-sold method (b) Loss method.

Journalize and post the july transactions : Journalize and post the July transactions. Use page J1 for the journal. Prepare a trial balance at July 31 on a worksheet.

User Account

All Pages