Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 15, 2024

I'm struggling with this question: the answer is given in this example however I am unsure how to get that answer. How to find the

I'm struggling with this question: the answer is given in this example however I am unsure how to get that answer.

How to find the wages expense for sales staff? I have the answer but I'm unsure of the calculation from the information given.

Wages expense - Sales staff= $3819

Information given:

Sales Staff are paid fortnightly and work 7 days per week. The sales staff were last paid on the 29 June, 2020. One day of the wages bill is still owed to the Sales Staff.

Wages Expense - Sales Staff = 829,818

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

9th Edition

125972266X, 9781259722660

Students also viewed these Accounting questions

Question

★★★★★

Gore had been the owner of 1 percent of the outstanding shares of the Webster Company, a corporation, since its organization ten years ago. Ratliff, the president of the company, was the owner of 70...

Answered: 1 week ago

Question

★★★★★

The trial balance as of July 31, 2018, for Sara Simon, Registered Dietician, is presented below: Requirements 1. Prepare the income statement for the month ended July 31, 2018. 2. Prepare the...

Answered: 1 week ago

Question

★★★★★

Describe a heuristic that can be used in decision-making and whether it is ecologically rational.

Answered: 1 week ago

Question

★★★★★

Lightning Delivery Company purchased a new delivery truck for $ 45,000 on April 1, 2016. The truck is expected to have a service life of 10 years or 120,000 miles and a residual value of $ 3,000. The...

Answered: 1 week ago

Question

★★★★★

Last year Rocco Corporation's sales were $175 million. If sales grow at 6% per year, how large (in millions) will they be 5 years later? Select one: a. $290.39 b. $281.03 c. $271.66 d. $196.72 e....

Answered: 1 week ago

Question

★★★★★

1. Regional Hospital is a 100-bed acute care facility providing services to a mid-sized Canadian city. Recently, there have been an increase in ER visits by people with suspected measles cases. Just...

Answered: 1 week ago

Question

★★★★★

A steel tank is to be positioned in an excavation, where a = 20 and P = 445 lb as shown in the figure. P1 30 Using trigonometry, determine the magnitude of the force P such that the resultant R of...

Answered: 1 week ago

Question

★★★★★

Describe one e-commerce business in the retail or services industry that is considered an industry leader. Develop a detailed list of the organization's offerings and how these offerings compare to...

Answered: 1 week ago

Question

★★★★★

TLUS (a) The truck shown in Figure 3 (a) is traveling at 90 km/h when the driver applies the brakes to come to stop. The deceleration of the truck is constant and the truck comes to a complete stop...

Answered: 1 week ago

Question

★★★★★

value; higher heating tion of a stoichiometric propane-air mixture assuming reactants at 298 K, Determine the adiabatic flame temperature for constant-pressure combus no dissociation of the products,...

Answered: 1 week ago

Question

★★★★★

Now or Never! specializes in "one day - one deal" selling. Every day they sell a product that isnot available the next day. If the item sells out, all the excess demand is lost and if items are...

Answered: 1 week ago

Question

★★★★★

What is the best action for the HR director to take to ensure that the employees who remain are not fearful of losing their jobs or feel overwhelmed with the workload? Answers Engage employees in...

Answered: 1 week ago

Previous Question Next Question