What the the transaction on the June payday

Assignment Help Financial Accounting
Reference no: EM132876324

Question - There are 42 employees working for Oppong corporation. They are paid every second Monday for 10 workdays ending the preceding Friday. The total for all employee salaries is $75,600. Oppong Corporation's employees were last paid on Monday May26, 2014, and will be paid again on Monday June 9, 2014.

A. What the accrued adjustment on May 31

B. What the the transaction on the June payday.

Reference no: EM132876324

Questions Cloud

How to downsize successfully while using hrp fundamentals : A successful franchise owner of a prestigious sporting goods chain is feeling the effects of technology, with more and more online sales and less and less custo
What is the initial amount the college has to deposit : If the college can invest their money at 7% compounded annually, what is the initial amount the college has to deposit to fund the scholarships
Identify and explain three career-enhancing techniques : Identify and explain three career-enhancing techniques or tactics inadvancing your career. Develop a code of professional ethics and prosocial motivation
Most important role of hr managers : What do you see as the most important role of HR managers and why? Give relevant examples from the Pacific to explain your answer.
What the the transaction on the June payday : Oppong Corporation's employees were last paid on Monday May26, 2014, and will be paid again on Monday June 9, 2014. What the the transaction on the June payday
Explain the full diagnosis and matching the symptoms : Identify specific knowledge or skills you would need to obtain to effectively treat this client, and provide a plan on how you will do so.
Describe the human resource implications : Describe the human resource implications that international growth puts on the firm. Address ethics, safety and security, and trade unions.
Explain the problems to be avoided in appraising performance : Explain the problems to be avoided in appraising performance. Discuss the importance of appraisal or feedback interview to the employee.
Explain the problems to be avoided in appraising performance : Explain the problems to be avoided in appraising performance. Discuss the importance of appraisal or feedback interview to the employee.

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