On January 9 a company pays ($ 5,000) for salaries, of which ($ 1,700) was reported as

Question:

On January 9 a company pays $\$ 5,000$ for salaries, of which $\$ 1,700$ was reported as Salaries Payable on December 31 . Give the entry to record the payment.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

See More Books

Question Posted: Jun 13, 2024 02:07 AM

See More Questions

I need help with following questions from the homework. I have attached the chapters so please see the attached files to answer the following questions specifically. Ch 4 (p 176 of text or p 34 of...
Please read the attachment chapters and answer the following questions with at least 50 words. Depreciation discussion What are the various methods of determining depreciation and amortization...
I've attached the quesiton as a word file, thanks! JWCL165_c11_506-567.qxd 8/12/09 7:54 AM Page 506 11 Corporations: Organization, Stock Transactions, Dividends, and Retained Earnings Chapter STUDY...
Consider the real projective n-space RP" obtained by identifying each point S" with its antipode -r. (a) Compute its fundamental group. (b) Find all its covering spaces up to isomorphism.
Carbon dioxide, CO2, enters an adiabatic compressor at 100 kPa, 300 K, and exits at 1000 kPa, 520 K. Find the compressor efficiency and the entropy generation for the process.
How often do I see my life in connection with something greater than me?
Who do I need to interact with and influence to achieve my goals? LO.1
Explain the term business without boundaries. How is this changing the nature of organizations and who accomplishes various business processes?
An entrepreneur wishes to determine if it would be profitable to sell souvenir T-shirts at a rock concert. The shirts would cost $3 each and sell for $8 per shirt. Booth space and exclusive rights...
What items are disclosed on a post-closing trial balance and what is the purpose of this work paper?
What accounts are debited and credited in an unearned revenue adjusting entry?
Convert each measurement as indicated 1. 20 cups to gallons 2. 7 quarts to cups 3. 6 1/2 gallons to quarts 4. 4 gal 1 qt to quarts 5. 1/2 pint to quarts
2. Ten bars of a certain quality are tested for their diameters. The results are given below. Test the hypothesis at a 95% level of confidence that the mean diameter of the bars produced by the...
Write out the state of the list while being sorted using the bubble sort algorithm. 5 8 3 6 9 5 Java code is required.
f(x) = 2 X x + 25 X local maximum value local minimum value Need Help? Read It
Airbed and Breakfast (428 words): The Startup Story of AirbnbBrian and Joe were flat mates in downtown San Francisco. In mid-2007, IDSA conference crowded downtown, filled all hotel rooms, and drove...
# We are testing Null: = 100 against Alternative: 100 using a sample size of 15. The critical values for t for a = .10 are
Lopez Company uses a job order cost accounting system that charges overhead to jobs on the basis of direct material cost. At year-end, the Goods in Process Inventory account shows the following. 1....
(a) How far away can a human eye distinguish two ear headlights 2.0 m apart? Consider only diffraction effects and assume an eye pupil diameter of 5.0 mm and a wavelength of 550 nm. (b) What is the...
How does budgeting household expenses differ from budgeting business expenses? What are the similarities?
This is a partial adjusted trial batance of Cullumber Compary manualys
Which of the following journal entries will record the payment of a $1,500 salaries payable originally incurred for Salaries Expense? Select one: A. Debit Salaries Expense; credit Salaries Payable B....

On January 9 a company pays ($ 5,000) for salaries, of which ($ 1,700) was reported as

Question:

Step by Step Answer:

Financial Accounting Tools For Business Decision Making

Students also viewed these Business questions