Question
Joe Smith is an electrician who works 47 hours during a standard week at an hourly wage of $25.00 per hour. The overtime premium he
Joe Smith is an electrician who works 47 hours during a standard week at an hourly wage of $25.00 per hour.
The overtime premium he will be paid is 50% of his hourly wage.
Calculate his total pay ...
-Choose the correct answer:
As soon as you receive an invoice from the supplier for $ 1200, what is the journal entry?
Group of answer choices
Debit Office supplies expense, credit account payable
Debit Equipment, Credit Cash
Debit Account payable, credit supply expense
Debit Cash, Credit Consulting Revenue
-You were billed $36,000 of property taxes, and you will spread across 12 months. What is the journal entry for each month?
Group of answer choices
Debit personal property tax expense $ 3,000, Credit Accrued Liability $ 3000
Debit personal property tax expense $ 36,000, Credit Accrued Liability $ 36000
Credit personal property tax expense $ 36,000, Debit Accrued Liability $ 36000
Credit personal property tax expense $ 3,000, Debit Accrued Liability $ 3000
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