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

Question

1 Approved Answer

Trent Tables paid employee wages on Friday, January 26. The next payroll will be paid in February. There are three more working days in January

Trent Tables paid employee wages on Friday, January 26. The next payroll will be paid in February. There are three more working days in January (2931). Employees work a 5 day week and the company pays P800 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January?

Show solution.

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_2

Step: 3

blur-text-image_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

Managerial Accounting Creating Value in a Dynamic Business Environment

Managerial Accounting Creating Value in a Dynamic Business Environment

Authors: Ronald W. Hilton

11th edition

125956956X, 978-1259569562

More Books

Students also viewed these Accounting questions

Question

What are the two(2) products dimensions that could be used if a position Map/Perception Map were to be created for VIA instant coffee?

Answered: 1 week ago

Question

★★★★★
Continuing the prior question, suppose that Universal Gizmo devises a new plant design that uses 15 gizmo presses and 5 workers also to produce 100 gizmos per day. How would you construct an isoquant...

Answered: 1 week ago

Question

★★★★★
4-62. You are conducting an interview with Mr Quek. You observed that he rolled his eyes and made exaggerated hand movements when he spoke. What do you think his actions indicated? a. Boredom or...

Answered: 1 week ago

Question

★★★★★
2. Inform students under what conditions they can leave the room, and make sure they understand when they need to ask for permission to do so.

Answered: 1 week ago

Question

★★★★★
How do free cash flows and the weighted average cost of capital interact to determine a firms value? MINI CASE Assume that you recently graduated with a degree in finance and have just reported to...

Answered: 1 week ago

Question

★★★★★
Seleccione una empresa manufacturera pblica (es decir, que publique su informacin financiera) y familiarcese con sus productos. Describa la empresa, sus productos y los costos de fabricacin...

Answered: 1 week ago

Question

★★★★★
Thanks for using Office! We've made some updates to the privacy settings to give you more control. Your organization's admin allows you to use several cloud-backed services. You get to decide whether...

Answered: 1 week ago

Question

★★★★★
Americans face greater financial barriers in accessing careinsurance deductibles, copayments, and out-of-pocket expensesthan do those in other high-income countries (Schoen et al., 2009b,2010,2011)...

Answered: 1 week ago

Question

★★★★★
Compute the Riemann sum S43 to estimate the double integral of f(x, y) = 9xy over R = [1,5] [1,2.5]. Use the regular partition and upper-right vertices of the sub-rectangles as sample points. (Give...

Answered: 1 week ago

Question

★★★★★
3. (18 points) A student earned the following grades in her college classes during a particular semester. B+ C- D+ A C A- These courses had the corresponding credit hours listed below. 3 4 2 1 4 3...

Answered: 1 week ago

Question

★★★★★
TravThe travel agency is planning a trip to England for 1 0 0 members of a college faculty. The plane fare is $ 5 0 0 within an additional charge of $ 1 0 for each cancellation. What is the number of...

Answered: 1 week ago

Question

★★★★★
Name a manager that works in the government or public sector: the management issues they face, how they deal with those issues, what theory and tools they use to help them in dealing with them

Answered: 1 week ago

Question

★★★★★
c ) Can a routing table in a datagram network have two entries with the same destination address? Explain.

Answered: 1 week ago

Question

★★★★★
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....

Answered: 1 week ago

Question

★★★★★
Ethics/ social responsibility, and stakeholders Some people argue that the only relevant stakeholder to consider in a profit-seeking organization is the owner. These people argue that in competitive...

Answered: 1 week ago

Question

★★★★★
Identifying stakeholders and strategic performance measures Pick any organi zation that you know or for which you can develop the data that you need to complete this question. (You may find pertinent...

Answered: 1 week ago

Question

★★★★★
Outputs and outcomes Choose a familiar activity or process. Define an output and an outcome. (Do not use an example from the text.) Explain how using the outcome measure would be more effective in...

Answered: 1 week ago

Previous Question Next Question