Dresser SEs weekly payroll, paid on Fridays, totals 8,000. Employees work a 5 day week. Prepare Dressers
Question:
Dresser SE’s weekly payroll, paid on Fridays, totals €8,000. Employees work a 5 day week. Prepare Dresser’s adjusting entry on Wednesday, December 31, and the journal entry to record the €8,000 cash payment on Friday, January 2.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
December 31 Adjusting Entry Debit Salarie...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
Students also viewed these Business questions
-
The management of Pride Ltd is considering investing in the building of a medium-sized shopping mall Pride Rock Mall. They have identified a suitable site in Pride Land or an alternative site in...
-
The journal entries to record the cash sale of goods to a customer at a selling price of $50, where the company had paid $30 for the goods last period, would include
-
Prepare in good form the journal entry to record each of the following transactions on the books of ABC. January 10, 2009: ABC is incorporated by issuing $50,000 of common stock to each of the three...
-
pthyon Carleton student ID). Add a function named find_diff() to your program that takes a 2-D list of any size containing some positive integers. Your function must find the difference between the...
-
Find the solution of the differential equation that satisfies the given initial condition. (a) dy/dx = x/y' y(0) = -3 (b) du/dt = 2t + sec2t/2u, u(0) = -5 (c) x 1n x = y(1 + 3 + y2)y', y(1) = -1
-
Why dont airlines and hotel chains worry about self-destructive cannibalization of their own higher-priced live sales when they list seats and rooms for sale in the virtual marketplace on...
-
Yaeger Company prepares monthly cash budgets. Relevant data from operating budgets for 2003 are: All sales are on account. Collections are expected to be 50% in the month of sale, "WA in the first...
-
Using the following data from Moontrust Corporations financial statements, compute the receivables turnover and the days sales uncollected. (Round to one decimal place or to the nearest whole day.)...
-
A student conducted a survey on male and female driving habits by randomly selecting 25 males and 25 females as they left campus. Identify the sampling method used. O Stratified Sample O Convenience...
-
The University of Mellencamp is a private, non-profit academic institution. There are 4 colleges located in the institution. It is located in Northern Luzerne County and sunny state of Pennsylvania....
-
A partial adjusted trial balance of Safin plc at January 31, 2022, shows the following. Instructions Answer the following questions, assuming the year begins January 1. a. If the amount in Supplies...
-
The following are the trial balance and other information related to Yorkis Perez, a consulting engineer. 1. Fees received in advance from clients R$6,000. 2. Services performed for clients that were...
-
In economics, a household is defined as a group of individuals making joint decisions as though acting as one person. a. How do you think decisions are actually made about things like consumption and...
-
Divide. 2 x +7xy+6y 2x-18y x+4xy-12y 1 x-9y Simplify your answer as much as possible.
-
Evaluate the tools, technology, and trends that make databases useful to corporations. Provide an example of a corporate database and how your tools and technology would be used in the organization...
-
The percentage of adults who have at some point in their life been told that they have hypertension is 23.53%. In a sample of 10 adults, let X be the number who have been told that they have...
-
4. Estimate the parameter A for a statistical sample X1, X2, ..., Xn of independent random varia- bles with the probability densities 1 Px(x) = e-(x-1)/6, x 0. = 6T
-
10.30 A new weight-loss program claims that participants will lose an average of more than 10 lb. after completing it. The following table shows the weights of eight individuals before and after the...
-
Suppose Tom, Dick, and Harry live in a barter economy. Tom produces wine, Dick bakes bread, and Harry makes cheese. Tom wants some bread to go with his wine and is willing to trade 1 gallon of wine...
-
Why are stocks usually more risky than bonds?
-
Explain the difference between pretax financial income and taxable income.
-
What are the two objectives of accounting for income taxes?
-
Explain the meaning of a temporary difference as it relates to deferred tax computations, and give three examples.
-
The following balance sheet information is provided for Apex Company for year 2: What is the company's working capital?
-
ABC Company manufacturers keychains. They have the following information available to prepare their master budget: October November December Units to be produced 5,500 5,750 6,200 ABC Company sells...
-
35. (4 points) Using the following information find the unknown amounts (i.e. solve for the "?"). Assume each set of information is an independent case. a. Direct Materials Beginning balance Ending...
Study smarter with the SolutionInn App