Question
Endothon Inc. pays its employees every two weeks on Fridays. Weekly payroll is $200,000 ($40,000 per day, no weekends). November 30 falls on a Monday.
Endothon Inc. pays its employees every two weeks on Fridays. Weekly payroll is $200,000 ($40,000 per day, no weekends). November 30 falls on a Monday. Employees will be paid on Friday, December 4, for wages earned through Friday, December 4. What is Endothon's payroll expense for November, assuming there are no holidays?
answers -a) 200,000 B)680,000 C)800,000 D) 840,000
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
