Question
Sales salaries paid during 2014 were $85,000. Advances to salespeople were $1,100 on January 1, 2014, and $800 on December 31, 2014. Accrued sales wages
Sales salaries paid during 2014 were $85,000. Advances to salespeople were $1,100 on January 1, 2014, and $800 on December 31, 2014. Accrued sales wages were $1,360 on January 1, 2014, and $1,880 on December 31, 2014.
Show calculation of sales salaries on an exact basis for 2014 .
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
5th edition
9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169
