Provide the adjusting journal entry on the company

Assignment Help Accounting Basics
Reference no: EM132665315

Question - A company's final pay period of the year had total salaries and wages expense of $13,500 and the pay period covered December 26th to January 8th (6 days in the current fiscal year and 8 days in the next fiscal year).

Provide the adjusting journal entry on the company's year end of December 31st, if required.

Reference no: EM132665315

Questions Cloud

Describe the mitotic chromosome alignment anaphase : In what photosynthetic reaction dose carbon dioxide combine with RuBP? Describe the mitotic chromosome alignment anaphase.
What is the effect of the inventory error : A company erroneously omits one section of its warehouse in the year-end inventory. What is the effect of the inventory error
Calculate the late filing penalty : Calculate the late filing penalty for missing the filing deadline and explain any possible additional costs to the employer related to this oversight
Compare task roles-maintenance roles and hindering roles : Compare and contrast task roles, maintenance roles, and hindering roles. What is the role of the plural executive and how are P.E.'s established?
Provide the adjusting journal entry on the company : A company's final pay period of the year had total salaries and wages expense of $13,500. Provide the adjusting journal entry on the company
Distinguish the role as clinical or non-clinical : Distinguish role as clinical or non-clinical and how it promotes patient outcomes, ie safety, access to health care or health information relative to ANP level
Immediate supervisor involved with staffing decisions : Are you or your immediate supervisor involved with staffing decisions (or imagine if you were)?
What is that enzyme function in the cell : What is PCR? Describe the technique in detail. What is that enzyme's function in the cell? How has PCR changed microbiology?
Compare between molds versus yeasts : Compare and contrast between molds versus yeasts. What are the regions of the human body where mycotic diseases can be observed?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Materials are added at the beginning of the process how

the following information is available units in process sept 1 60 percent converted 2000 units units in process sept 30

  What are mauves marginal average and effective tax rates

Mauve Supplies, Inc., reports total income of $120,000. Corporation's taxable income is $105,000. What are Mauve's marginal, average and effective tax rates?

  How much was recorded as goodwill from the transaction

During 2016, Flea Corp purchased 100% of the outstanding voting common stock shares of Kiedis Company for $3.8 million.

  Value of the benefits foregone when one decision

match each of the six following terms with the phrase that most closely describes it. each answer may be used only

  What earnings per share data should be reported

What earnings per share data should be reported at the bottom of its income statement, assuming that the casualty loss is extraordinary?

  Revenue recognition on book sales with high returns

Chester Books Co. publishes romance novels that are sold to bookstores on the following terms. Each title has a fixed wholesale price, terms f.o.b. shipping point, and payment is due 90 days after shipment. The retailer may return a maximum of 20%..

  Net cash provided by operating activities

In 2010, Wild Corporation reported a net loss of $70,000. Wild's only net income adjustments were depreciation expense $81,000, and increase in accounts receivable $8,100. Compute Wild's net cash provided (used) by operating activities.

  What is the maximum amount Harvey can contribute

He has a profit sharing plan (e.g., defined contribution Keogh plan). What is the maximum amount Harvey can contribute to his retirement plan in 2019

  Raptor fuels produces three grades of gasoline

Raptor Fuels produces three grades of gasoline

  Examine the financial statements of Picard Corporation

You have been assigned to examine the financial statements of Picard Corporation for the year ended December 31, 2020, as prepared following IFRS

  Hocking corporations comparative balance sheet appears

hocking corporations comparative balance sheet appears belowthe companys net income for the year was 10000 and its cash

  On january 1 2014 peg inc bought some equipment by signing

on january 1 2014 peg inc. bought some equipment by signing a non-interest-bearing note for 160000. the note is to be

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