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: 54% (11 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
-
Given the network in figure, find the power supplied and the average power absorbed by eachelement. $20 320 6/0A t VT j2n -j1a
-
Give an example of products with joint revenues. LO.1
-
Greenleaf Company acquired patent rights on January 6, 2009, for $300,000. The patent has a useful life equal to its legal life of 12 years. On January 3, 2012, Greenleaf successfully defended the...
-
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Pixed cost per Month...
-
Conceptual Example 20.1 shows that the gravitational force between an electron and a proton is about 10 -40 times weaker than the electric force between them. Since matter consists largely of...
-
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...
-
At the beginning of the year, it became obvious that the truck purchased the year before was too small to handle many of Laurels jobs. On January 4, 2020, Laurel traded in the old truck on a new,...
-
Given the following differential equation, dydx = sin ( x + y ) Find the following: ( a ) The substitution u = ( b ) The transformed differential equation dudx = ( c ) The implicit solution, given...
-
Consider the following type declarations TYPE Alinteger; A2 pointer to float; A3 pointer to integer; T1 structure (x: integer; } T2 structure (x: A1; next pointer to integer; } b float; } a :...
-
https://www.viddler.com/embed/82b62f65 Questions: How do companies decide where to locate their facilities? Why has just-in-time inventory control become a dominant production process used in the...
-
Adjusting Entries for Interest At December 31 of Year 1, Portland Corporation had two notes payable outstanding (notes 1 and 2). At December 31 of Year 2, Portland also had two notes payable...
-
We want to get an idea of the actual mass of 235U involved in powering a nuclear power plant. Assume that a single fission event releases 200 MeV of thermal energy. A 1,000 MWe electric power plant...
-
A warrant gives its owner the right to purchase three shares of common stock at an exercise price of $58 per share. The current market price of the stock is $63. What is the minimum value of the...
-
Explain the regulation of the secretions of the small intestine.
-
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.
-
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
-
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
-
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?
Study smarter with the SolutionInn App