How much will acme trucking accrue for salaries and wages

Assignment Help Financial Accounting
Reference no: EM133035784

Question - Acme Trucking operates 7 days a week and pays its employees on a weekly basis. On October 26 employees are paid for the week ending October 26, while on November 2 they are paid for the week ending November 2. Acme Trucking's salary and wages expense for the week ending October 26 was $105,651.00. The accounting month-end for October is October 31. How much will Acme Trucking accrue for salaries and wages for the last week of October in the October accounting period in order to accurately reflect these costs for the month?

Reference no: EM133035784

Questions Cloud

Explain the constitutional rights issues : The Course touches on some Constitutional rights issues, that could be present in the workplace. Recent events show the impacts of "free speech" and/or "free ex
Creating a high-value hospital system : Three strategies used by the Cleveland Clinic to create a high-value hospital system where Cleveland Clinic has made the most progress in creating a high-value
Calculate the total to be recorded : Patti works in Ontario and her 2020 payroll totals are regular earnings of $41,300.00, Calculate the total to recorded in Box 14 of Patti's T4 information slip
Small business selling mexican crafts : Elena is a housewife turned entrepreneur and runs a small business selling Mexican crafts. She decides to get a rewards credit card in order to buy the raw mate
How much will acme trucking accrue for salaries and wages : The accounting month-end for October is October 31. How much will Acme Trucking accrue for salaries and wages for the last week of October
Personal contribution to the literature review report : Assignment 4 - the Individual Reflective Journal - is designed to ensure each student is able to document a critical reflection of their personal learning proce
Analyze albertsons companies in terms of generic strategy : Analyze Albertsons Companies in terms of its generic strategy and strategic personality - are they a "good fit" with the firm's marketplace?
Develop an innovative atmosphere for a diverse team : -Propose at least two strategies for how you could apply your leadership style to help develop an innovative atmosphere for a diverse team.
What the total gain or loss from the derivatives : The first is a contract to buy P5,000,000 face value bonds at P4,600,000. What the total gain or loss from the derivatives

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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