Question
Bravo Company paid employee wages $1,600 every Thursday. Employees work 5 days a week from Sunday to Thursday and the company pays a day in
Bravo Company paid employee wages $1,600 every Thursday. Employees work 5 days a week from Sunday to Thursday and the company pays a day in wages. Assume that December 31 was a Tuesday make the necessary adjusting entries at December 31, 2019.
Select one: a. Salaries and Wages Expense 960 Salaries and Wages Payable 960 b. Salaries and Wages Expense 1,600 Salaries and Wages Payable 1,600 c. No adjusting entry is required. d. Salaries and Wages Expense 320 Salaries and Wages Payable 320
------------------------------------------------------------------------ Nike store signed a four-month note payable in the amount of $42,000 on September 1. The note requires interest at an annual rate of 5%. The amount of interest to be accrued at the end of September is: Select one: a. $700. b. $2,100. c. $200. d. $175.
------------------------------------------------------------------------ Please Solve As soon as Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
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