User Account

All Pages

Journalize the payment of the payroll

Assignment Help Accounting Basics
Reference no: EM131828690

Question - On December 31, 2010, $390 of salaries has been accrued. The next payroll to be paid will be on February 3, 2011, for $7,800.

Required:

a. Journalize the adjusting entry.

b. Journalize the reversing entry.

c. Journalize the payment of the payroll.

Reference no: EM131828690

Questions Cloud

Compare CSMA-CD and CSMA-CA : Compare CSMA/CD and CSMA/CA in terms of how collisions are detected or avoided and their inclusion in physical network standards.
Salesperson for procter-gamble soap division : As a salesperson for Procter & Gamble's soap division, you have been asked by your sales manager to determine the features, advantages
Calculate the total estimated bad debts : Rianna.com uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end.
Keep a diary of your purchases for two weeks : Keep a diary of your purchases for two weeks. Select five or more of the products you purchased during that period
Journalize the payment of the payroll : On December 31, 2010, $390 of salaries has been accrued. Journalize the payment of the payroll
Describe the function of each layer of the TCP-IP model : Describe the function of each layer of the TCP/IP model. Compare 802.11 and WiMAX wireless networks in terms of transmission distances and frequencies.
Television advertisements of three different products : This week examine the television advertisements of three different products or services and report on the features, advantages, and benefits
Components of the sell sequence using brackets : Now create a SELL Sequence for each FAB (see page 114). Label each of the components of the SELL Sequence using brackets as shown on pages 119-120.
Determine the total estimated uncollectibles : Godfreid Company has accounts receivable of $95,400 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,100 credit balance.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Preparation of budgets on same basis

From the standpoint of financial management of a government, state what objectives are served by preparation of budgets on the same basis as financial statements

  Are there unique tax issues as result of investing overseas

Are there any unique tax issues as a result of investing overseas? Discuss some of the issues that arise in evaluating and maintaining control over foreign operations.

  The city of mirada wants to offer cable television to its

the city of mirada wants to offer cable television to its residents in 2009. the city has approached a company called

  Calculate the dollars of ticket sales needed to earn

Compute the break-even point in dollars of ticket sales. Calculate the dollars of ticket sales needed to earn a target profit of $6,000.

  What is the cost of goods manufactured for the year

Prepare a schedule of cost of goods manufactured and an income statement for the year. What is the cost of goods manufactured for the year

  On december 15 2013 rigsby sales co sold a tract of land

on december 15 2013 rigsby sales co. sold a tract of land that cost 3600000 for 5000000. rigsby appropriately uses the

  Describe the analytical use of each of the six ratios

Discuss what the financial ratios presented in the question reveal about how ser. Support your answer by citing specific ratio levels and trends as well as the interrelationships between these ratios.

  What is the ending work in process inventory balance

What is the ending work in process inventory balance, Here are selected data for Sally Day Corporation

  At december 31 of the current year a company reported the

at december 31 of the current year a company reported the following total sales for the current year 880000. accounts

  Refrigerator of the previous problem

Suppose that the throttling valve in the refrigerator of the previous problem is replaced with a small turbine-generator in which the fluid expands adiabatically, doing work that contributes to powering the compressor.

  Calculate number of medallions to be produced in february

Calculate the number of medallions to be produced in February and calculate the number of yards of ribbon to be purchased in February.

  Explain how about testing the parts of statement

Do you agree or disagree with each part of this statement? Explain how you might go about testing the parts of teh statement that are positive and lay bare the normative parts?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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