What would be the journal entry on january?

Assignment Help Accounting Basics
Reference no: EM133124671

Question - Wright Company uses reversing entries. On December? 31, 2024, the bookkeeper journalized and posted a? $900 adjusting entry to accrue Salaries Expense. On January? 1, 2025, that entry was reversed. It was paid on January? 10, 2025. What would be the journal entry on January? 10, 2025?

Reference no: EM133124671

Questions Cloud

What were the two signs of the oncoming downturn : What were the two signs of the oncoming downturn that were occurring earlier, during the 1920's?
Represent a recaptured depreciation : Doughbuddy, Inc. bought a buffer for $350,000 and was depreciating it based on a life of eight years using the straight-line method. They assumed they would get
What tax advice would you offer to caitlin : Caitlin, a client of yours since you opened your practice, What tax advice would you offer to Caitlin in planning for this situation
The economics of technological change : What is Bravennan's argument about the nature of work in the twentieth century? What is the basis of his claims? Discuss and evaluate in the context of the soci
What would be the journal entry on january? : On January? 1, 2025, that entry was reversed. It was paid on January? 10, 2025. What would be the journal entry on January? 10, 2025
Find an expression for the price elasticity of demand : Find an expression for the price elasticity of demand for this equipment. Suppose the current p is equal to 3; at this price, is the demand elastic or inelasti
What result to sam, julie, and earl : On January 1, 2019, Earl contributes appreciated property to the corporation in exchange for a 10% interest, What result to Sam, Julie, and Earl
Explain how franchising signals quality : Explain how franchising signals quality.
Please explain drug law enforcement : Please explain drug law enforcement with reference to the supply chain

Reviews

Write a Review

Accounting Basics Questions & Answers

  A companys post retirement health care benefit plan

A company's postretirement health care benefit plan had an APBO of $285,000 on January

  Calculate the depreciation expense at June

Using the Units of Production method, calculate the depreciation expense at 30 June 2017 if the motor vehicle travelled 10,000km in the year ending 30 June 2017

  Explain current business taxation requirements

Identify and explain current business taxation requirements in AUsTRALIA

  Determine the main financial statement effects of exposure

Albert, CEO of XYZ, Inc., desires to expand the company's sales through exports to three (3) foreign subsidiaries. Albert knows that the target subsidiaries.

  What sales revenue must be achieved to provide net income

The owner wants an after-tax net income of $33,600. What sales revenue must be achieved to provide $33,600 net income after tax

  Acc 562 and 575 strategy that you plan to recommend congress

DISCUSSION 1 Going Concern" Please respond to the following: • From the e-Activity, analyze the auditor’s responsibility to determine if a company can continue as a going concern. From your analysis, propose at least two (2) key factors that the audi..

  Compute for the VAT payable

The refined sugar produced were sold on January 2020 on credit for P150,000, VAT exclusive. Compute for the VAT payable

  Prepare a complete lease amortization table

For some time, Balster Inc. has maintained a policy of acquiring company equipment by leasing. On December 31, 2005, Balster entered into a lease with Edgemont.

  What can the employees contribute to help trainers design

Avondale Industries' avionics division asked the training and development office to assist them in implementing training on new equipment that would be.

  How much is the allowable deduction

How much is the allowable deduction subject to fringe benefit tax can Nokia deduct from its gross income assuming fringe benefit taxes are paid

  Explain the long-run adjustments that will create

explain the long-run adjustments that will create equilibrium with firms operating at their minimum efficient scale.

  Find their monthly payment

They will make a 20% down payment, and they expect to be approved for a 30-year mortgage with an interest rate of 4.5%. Find their monthly payment

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