On January 9, a company pays $6,200 for salaries, of which $1,100 was reported as Salaries...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66557308b6412_04066557308b1637.jpg)
Transcribed Image Text:
On January 9, a company pays $6,200 for salaries, of which $1,100 was reported as Salaries and Wages Payable on December 31. Indicate all accounts increased or decreased as well as dollar amounts when payment occurs. (Enter accounts in alphabetical order) The transaction of January 9 decreases Salaries and Wages Payable $ increases Salaries and Wages Expenses $100 and decreases v Cash 6200 1100 On January 9, a company pays $6,200 for salaries, of which $1,100 was reported as Salaries and Wages Payable on December 31. Indicate all accounts increased or decreased as well as dollar amounts when payment occurs. (Enter accounts in alphabetical order) The transaction of January 9 decreases Salaries and Wages Payable $ increases Salaries and Wages Expenses $100 and decreases v Cash 6200 1100
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
The fiscal years for several well-known companies were as follows: What general characteristic shared by these companies explains why they do not have fiscal years ending December31? Company iscal...
-
Gather some organisational HR statistics and look carefully at the information you are given. Absence statistics could be a good one to look at here or turnover statistics. Ask yourself the above...
-
The management of Ingolls Corporation is concerned because survey data suggest that many potential customers do not buy vehicles due to quality concerns. It is considering taking the bold step of...
-
Indicate whether each of the following items is a variable (V), fixed (F), or mixed (M) cost and whether it is a product/ service (PT) or period (PD) cost. If some items have alternative answers,...
-
Understanding what motivates employees is a key piece of management and a successful company. In the reading for this week, you reviewed motivation theories and rewards to help motivate employees....
-
I need a help with this as soon as possible please ...! Screen Shot 2020-12-21 at 3.59.38 PM.png + Q Search 4. Using the IS-MP framework, (a) explain how the real interest rate and output changes...
-
A circle of diameter ? = 9 ?? is scribed on an unstressed aluminum plate of thickness ? = 0.75 ?? as shown in Figure B4. Forces acting in the plane of the plate later cause normal stresses ?? = 12 ??...
-
Find dy dx2 dy for dy dx2 y = 4x cos(x) +1 sin(x)
-
Discuss leadership in your lifetime (transformational leadership) Think back on your life and work experiences involving leadership wherein you were either THE leader, A leader, or a follower of a...
-
Identify the leadership competencies that are important to your area of concentration (education). Justify why the selected competencies are important to your area of concentration. Explain how...
-
TOP THREE LEADERSHIP STYLES There are three primary styles of leadership: Autocratic, Democratic, and Laissez-Faire. What are they? What are their strengths & weaknesses? This assignment focusses on...
-
Are there legitimate (honest, legal, and ethical) ways to shift income between years or accounting periods?
-
What was the Richmond City Cooncil trying to accomplish wilh its Minority Business Utilizatioo Plan? If you had been a member of the cooncil, would you have voted for the plan?
-
What measures could Richmond have take
-
In light of the fact lllat no federal statute specifically bars racial discrimination in private domestic commercial transactions be!IWen two business firms, and given the evidence that racism is an...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App