Question
A manufacturing company's weekly payroll is $800,000 for a 5-day work week beginning each Monday and ending each Friday. The last time salaries and wages
A manufacturing company's weekly payroll is $800,000 for a 5-day work week beginning each Monday and ending each Friday. The last time salaries and wages were recorded was Friday, December 26. What adjustment is needed on December 31, the last day of the company's fiscal period?
The answer is: Increase Wages Expense by $480,000 but I'm unsure how you get the number $480,000?
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Auditing In An Internet Of Things Environment
Authors: Robert R. Moeller
1st Edition
1119461669, 978-1119461661
