User Account

All Pages

Prepare general journal entry to record estimated vacation

Assignment Help Financial Accounting
Reference no: EM132473515

Blackstock Company has a weekly payroll of $18,375 and grants two weeks' vacation after one year's employment, which amounts to 4% of annual pay. Based on past turnover rates, the employer estimates that 80 percent of employees actually will be granted vacation time.

Question 1: Prepare a general journal entry to record the estimated vacation pay resulting from the weekly payroll.

Reference no: EM132473515

Questions Cloud

Calculate the z-spread-constant yield spread : The one-year and two-year government spot rates are 2.10% and 3.635%, respectively. Calculate the Z-spread, a constant yield spread over a government spot curve
What is the implied value of the warrants : What is the implied value of the warrants attached to each bond? Do not round intermediate calculations. Round your answer to the nearest cent.
Importance of understanding the cost of capital : The importance of understanding the cost of capital to a business. Comment on why it is important, and explain why as debt increases
Create a short summary of the goal of the given law : Create a short summary of the goal of this law in your own words. Use the following following questions to summarize how your legislation got passed.
Prepare general journal entry to record estimated vacation : Blackstock Company has a weekly payroll of $18,375 , Prepare a general journal entry to record the estimated vacation pay resulting from the weekly payroll.
Analyze and explain the challenges with freedom of speech : Analyze and explain the challenges with freedom of speech. Analyze and discuss the public perceptions of Raytheon and its influence with the Department.
Calculate the amount of the allowance for doubtful accounts : Prepare and Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31, 20X5, balance sheet.
How the eighth amendment restricts the government authority : Explain how the Eighth Amendment restricts the government's authority to make something a crime. Do you think this amendment is being fully respected.
Describe how public opinion is measured : Describe how public opinion is measured. What is sampling and what is it meant to accomplish? Describe some of the problems and biases of polling.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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