Colleen Mooney earned a salary of $400 for the last week of September. She will be paid

Question:

Colleen Mooney earned a salary of $400 for the last week of September. She will be paid on October 1.

The adjusting entry for Colleen’s employer at September 30 is:

(a) No entry is required.

(b) Salaries and Wages Expense 400 Salaries and Wages Payable 400

(c) Salaries and Wages Expense 400 Cash 400

(d) Salaries and Wages Payable 400 Cash 400

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

Step by Step Answer:

Related Book For book-img-for-question

Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

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

See More Books

Question Posted: Jun 10, 2024 01:04 AM

See More Questions

4. Award: 30.00 points Refer to the following merchandising transactions for Scout Systems. Nov. 1 Scout Systems purchases merchandise for $4,300 on credit with terms of 1/10, n/30. 5 Scout Systems...
You are looking to invest $3,731 of your savings in a combination of the market portfolio and the risk-free asset. The market portfolio has an expected rate of return of 8.58% and a standard...
Desalination is important to both Dubai and the United Arab Emirates because the process has __________. A. significantly reduced energy demands B. provided the majority of freshwater resources C....
When a manager greets department visitors or attends ceremonies, he or she is playing the role of: Figurehead Conceptual Empowerment Productivity
Go to the Global Reporting Initiative's website (try www.globalreporting.org) and obtain the G4 Sustainability Reporting Guidelines Part 2 Implementation Manual and read the assurance guidance...
Suppose that a family is leaving on a summer vacation in their camper and that M is the event that they will experience mechanical problems, T is the event that they will receive a ticket; for...
Because raising your price individually will not increase your revenues, you can try cutting the price to $24. If the rest of the OPEC members match your price cut, Scheherazade will take in .
Now assume that Beaver had stated that she was eighteen years old at the time that she signed the exculpatory clause. How might this affect Beavers ability to disaffirm or ratify the contract? Renee...
When managing a service company, instead of inventory management, one needs to manage individuals' time as it pertains to projects. This is often referred to as "billable hours." Group of answer...
Which statement is incorrect concerning the adjusted trial balance? (a) An adjusted trial balance proves the equality of the total debit balances and the total credit balances in the ledger after all...
Queenan Company computes depreciation on delivery equipment at $1,000 for the month of June. The adjusting entry to record this depreciation is as follows: (a) Depreciation Expense 1,000 Accumulated...
LivPure Water Purifiers had the following data (in million , the official currency of Japan) for December 2021. There were no beginning or ending inventories. Compute the (1) Variable manufacturing...
7. Design the formwork for a wall 8-ft (2.44-m) high to be poured at the rate of 5 ft/h (1.53 m/h) at a temperature of 77F (25C). The concrete mixture will use Type I cement without retarders and is...
tempt in Progress The City of Minden entered into the following transactions during the year 2026. 1. A bond issue was authorized by vote to provide funds for the construction of a new municipal...
Q Proprietorinc (the lessee) enters into a 10 year lease of a property with an option to extend the contract for 5 years. Lease payments are $50,000 per year, payable at the beginning of each year....
1.Think about your investment Possibility for 3 years holding period in real investment environment? A.What could be your investment objectives? B. What amount of fund you could invest for three...
3- The student council normally sells 1500 school T-shirts for $12 each. This year they plan to decrease the price of the T-shirts. Based on student feedback, they know that for every $0.50 decrease...
Suppose that you and a friend decide to set up a lawn mowing service next summer. Describe the source documents that you would need to account for your activities.
Design a circuit which negative the content of any register and store it in the same register.
\f\fYour evaluation should focus on 0 Liquidity issues (6] - Debt management [6) o Efciency {11) 0 Presentation {2) Hint: Recommendations for improvements must be concise and to the point in bullet...
A concert promoter sells tickets and has a marginal-prot function given below, where P'(x) is in dollars per ticket. This means that the rate of change of total prot with respect to the number of...
Find the area of the parallelogram that has the given vectors u = j and v = 2u+k as adjacent sides.

Colleen Mooney earned a salary of $400 for the last week of September. She will be paid

Question:

Step by Step Answer:

Accounting Tools For Business Decision Making

Students also viewed these Business questions