What is the adjustment at the end of the accounting period

Reference no: EM13215384

north slope realty co. pays weekly salaries of $7900 on Friday for a five day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends on (a) Wednesday, (b) on Thursday? Indicate each account affected, whether or not the account is increased or decreased, and the amount of the increase or decrease.

Reference no: EM13215384

Questions Cloud

Why does the allowance for bad debts have a debit balance : Early in the year we wrote off $65,000 of receivables. Nick, Ray, and I agreed we would lose another $30,000 from the open accounts as of December 31, 20X4. That's reflected in the listing of S&A costs. The allowance for bad debts was just a "squee..

Explain dividends are expected to grow : Lawrence Industries' most recent annual dividend was $1.80 per share (D0=$1.80), and the firm's required return is 11%. Find the market value of Lawrence's shares when: Dividends are expected to grow at 8% annually for 3 years, followed by a 5% con..

What other patient data should be included in your database : In a larger category of "Vaccine," you might divide an MMR vaccine into separate antigens, such as measles, mumps, and rubella. What other larger categories must be included? What challenges do you encounter in organizing the data? Refer to Chapte..

Core concept across nursing theories : Select a core concept that is common to two or more contemporary nursing theories. Compare and analyze the concept definitions among the selected theories.

What is the adjustment at the end of the accounting period : north slope realty co. pays weekly salaries of $7900 on Friday for a five day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends on (a) Wednesday, (b) on Thursday

Compare and contrast the respective role of pop psychology : compare and contrast the respective role of pop psychology with the science of psychology in contemporary society

What is the dollar-weighted duration of the bank''s liability : What is the dollar-weighted duration of the bank's liability portfolio if the bank wants to maintain zero leverage - adjusted duration gap?

Compute the federal tax return for the deckers : Paul and Donna Decker are married taxpayers, ages 44 and 42, who file a joint return for 2013. The Deckers live at 1121 College Avenue, Moab, Utah 84632. Paul is an assistant manager at Moab Motor Inn, and Donna is a teacher at Carmel Elementary S..

How to restore and recover your database : Because of the nature of this lab, it is best to do the lab in one sitting. This will minimize the possibility of causing a problem with the database.

User Account

All Pages