FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question Help For the month of September, Seawide Sales, Inc. recorded gross pay of $72,750. The net pay for the month amounted to $58,750. The

image text in transcribed

Question Help For the month of September, Seawide Sales, Inc. recorded gross pay of $72,750. The net pay for the month amounted to $58,750. The salaries are paid on October 5. Which of the following is the journal entry for the payment of salaries? 72,750 72,750 58,750 58,750 O A. Salaries and Wages Payable Cash OB. Salaries and Wages Expense Cash OC. Cash Salaries and Wages Expense OD. Salaries and Wages Payable Cash 72,750 72,750 58,750 58,750

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Portfolio Of Marketing Audits Company Self Assessment Audits

Portfolio Of Marketing Audits Company Self Assessment Audits

Authors: David Crosby

1st Edition

1902433157, 978-1902433158

More Books

Students also viewed these Accounting questions

Question

★★★★★
A steel bicycle wheel (without the rubber tire) is rotating freely with an angular speed of 18.00 rad/s. The temperature of the wheel changes from -100.0 to +300.0 oC. No net external torque acts on...

Answered: 1 week ago

Question

★★★★★
Refer to the credit card application approval process on page 209. (a) Make a p chart using the centerline and control limits calculated for (b) Suppose the next five weeks bring 12, 10, 15, 11, and...

Answered: 1 week ago

Question

★★★★★
What alternatives are there to a staged approach to crisis management?

Answered: 1 week ago

Question

★★★★★
Acme Manufacturing makes a variety of household appliances at a single manufacturing facility. The expected demand for one of these appliances during the next four months is shown in the following...

Answered: 1 week ago

Question

★★★★★
Securicorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los Angeles area. The company is Implementing an activity-based costing system that has four activity...

Answered: 1 week ago

Question

★★★★★
Hillside issues $ 2 , 6 0 0 , 0 0 0 of 5 % , 1 5 - year bonds dated January 1 , 2 0 2 1 , that pay interest semiannually on June 3 0 and December 3 1 . Problem 1 0 - 1 A ( Algo ) Straight - Line:...

Answered: 1 week ago

Question

★★★★★
Consider the following multifactor (APT) model of security returns for a particular stock. Factor Inflation Industrial production Oil prices Factor Beta Factor Risk Premium 0.9 8% 0.5 0.2 11 7 a. If...

Answered: 1 week ago

Question

★★★★★
A Risk Versus Reward Approach to Market Research Case study 1. What are the pros and cons of each of the three options under consideration? 2. Which option do you think will yield the most long-term...

Answered: 1 week ago

Question

★★★★★
One of your commonly used laboratory instantaneous test signal voltages (vs) is described by the equation... Vs = 8sin (2nft -7) where f = 500 kHz and t, represents time. Make the time t, the subject...

Answered: 1 week ago

Question

★★★★★
Steve's assertion that the muffler sounded like a tank is likely a symptom of _______? 1) posttraumatic stress disorder 2) acute intoxication 3) affect dysregulation 4) avoidant personality disorder

Answered: 1 week ago

Question

★★★★★
Change is a difficult thing to navigate for many people and many organizations, but change is needed to grow. Employees and employers alike need managers to support change and go beyond accepting it...

Answered: 1 week ago

Question

★★★★★
Recruitment. With an emphasis on specialized skills and the possibilities of enhancing qualifications within the company through further training, recruitment is often first through internal sourcing...

Answered: 1 week ago

Question

★★★★★
An emphasis on Technik as both means and ends. The importance of engineering knowledge and craft skills that go into production is evidenced by the high standing of engineers in society and in...

Answered: 1 week ago

Question

★★★★★
Reward systems. Wage levels are complex and involve issues of wage fairness with principles laid down in collective wage agreements, labourmanagement agreements and individual contracts of...

Answered: 1 week ago

Previous Question Next Question