Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounting period ends on Wednesday, the adjusting journal entry will include a a.credit to Wages Expense for $6,300. b.credit to Wages Expense for $10,500. c.credit to Wages Payable for $6,300. d.credit to Wages Payable for $4,200.

Answers

Answer 1

Answer:

c.credit to Wages Payable for $6,300.

Explanation:

The journal entry to record the wages expense is shown below;

Wages expense dr ($10,500 × 3 ÷ 5) $6,300

      To Wages payable $6,300

(being the wages expense is recorded)

Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities


Related Questions

Which of the following is an example of an ultimate consumer:
a. A teenager buying her/his first car
b. A farmer buying seed for crops that will be sold at market
C. A manager buying office supplies
d. A restaurant owner buying a new oven for the restaurant's kitchen

Answers

The example of an ultimate consumer is that when the person purchases his or her first car.

The following information related to the ultimate consumer is as follows:

It is the person or the group where the product is actually used or consumed. It is not similar to the purchaser. In this, the selling activity does not take place.

Therefore, all other options are incorrect.

Hence, we can conclude that the example of an ultimate consumer is that when the person purchases his or her first car.

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Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 5% and the term is for 5 years.
What is the amount of interest paid?

$15,000

$30,000

$1,500

$300

Answers

Answer:

The amount of interest paid is $ 1,500.

Explanation:

Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:

(30,000 x 5) / 100 = X

150,000 / 100 = X

1,500 = X

Therefore, the amount of interest paid is $ 1,500.

In business-related systems, ________ is becoming increasingly important as text-based applications such as electronic mail, bulletin boards, and information services are more widely used. Group of answer choices

Answers

Answer:

A) Textual output

Explanation:

Text output is the common type of the graphic output that could be found within the client area. it is applied by  the applications in various ways

It can be worked for two things i.e. forming the text and in actual draw the text

In the given case the text based application like electronic mail, information service would be used so here the textual output should be choose for the same

different between profession and professional human resources in points ​

Answers

Answer:

Explanation:

Hi

this form will be sent to Lily by the end of January. She will use this form to...

Answers

Answer:

[tex]\large\colorbox{white}{File her income taxes}[/tex]

Explanation:

[tex]\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}[/tex]

[tex]\large\colorbox{lime}{Xxᴊᴀsʜ13xX}[/tex]

As aggregate output rises, the demand for money ________ and the interest rate ________, so that money demanded equals money supplied and the money market is in equilibrium. increases; falls decreases; falls increases; rises decreases; rises

Answers

It’s increases;rises


[tex]x(a - b) + (b - a)[/tex]

Answers

Explanation:

x(a-b)+(b-a)ax-bx+b+aax-a-bx+ba(x-1)-b(x-1)(x-1)(a-b)

yr answer...

Uniontown Books began operating in 2011. The company lost money its first three years of operations, but has had an operating profit during the past two years. The company's operating income (EBIT) for its first five years was as follows: Year EBIT 2011 -$2,200,000 2012 -$2,000,000 2013 -$1,000,000 2014 $1,200,000 2015 $7,000,000 The company has no debt, and therefore, pays no interest expense. Its corporate tax rate has remained at 34% during this 5-year period. What was Uniontown's tax liability for 2015

Answers

Answer: $1,020,000

Explanation:

Uniontown's tax liability for 2015 will be calculated thus:

Firstly, we'll calculate the loss to be adjusted in 2015 which will be:

2011 = $1,000,000

2012 = $2,000,000

2013 = $1,000,000

Total = $4,000,000

The profit after the adjustment of loss will be:

= EBIT in 2015 - Adjusted loss

= $7,000,000 - $4,000,000

= $3,000,000

Since Corporate tax rate is 34%, then. The tax liability for 2015 will be:

= $3,000,000 × 34%

= $1,020,000

Therefore, Uniontown's tax liability for 2015 is $1,020,000.

Note that from the total loss of $2,200,000 in 2011, $1,000,000 is adjusted in later years as $1,200,000 is adjusted in 2014.

Would you consider Unions successful? Why or why not?

Answers

Answer:

yes because have been enormously successful at getting their members excellent wages, benefits and working conditions.

hope this helps

have a good day :)

Explanation:

five examples of capital​

Answers

Answer:

Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more.

company cars.

patents.

software.

brand names.

bank accounts.

stock.

Answer:

Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more.  

company cars

patents

software

brand names

bank accounts

stock

What is your favorite music artist? Mine is juice WRLD

Answers

Answer:

Same!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Packaged Foods Inc. and competitive merchants who deal in goods of the same kind imply that their products are properly packaged and labeled. This is a. an express warranty. b. puffery. c. an implied warranty. d. a warranty of title.

Answers

Packaged Foods Inc. and other merchants that sell similar products indicate that their products are appropriately packaged and labeled. This is  an implied warranty. Thus, option C is correct.

What is implied warranty?

An implied warranty is a contract law phrase used in common law jurisdictions for certain guarantees that are considered to be offered in the sale of items or real property owing to the conditions of the transaction.

In the case of the sale of products or real estate, an implicit warranty is immediately assumed, preventing a risk from being transferred to the buyer.

A written or verbal implied guarantee is typically regarded to be in force upon the purchase or sale of items.

Packed Foods Inc. and other merchants selling comparable items declare that their products are properly packaged and labeled. This is a guarantee that is implied. Therefore, it can be concluded that, option C is correct.

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Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.

Answers

Answer:

Idea generation.

Explanation:

The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.

There are several stages of the new product development.

The stage in which the Apple company is, in the given scenario, is idea generation.

Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.

Therefore, idea generation is the correct answer.

A person has $120 to spend on two goods (x and y) whose respective prices are $3 and $5 per unit. (a) Draw the budget line showing all the different combinations of the two goods that can be bought with the given budget. (b) What happens to the budget line if the budget (money available to spend) falls by 25%. (c) What happens to the budget line if the price of good x doubles? (d) What happens to the budget line if the price of good y falls to $4?

Answers

Answer:

Price of good x is $3

Price of good y is $4

Potential GDP is defined as the maximum quantity that an economy can produce given its existing levels of labor, physical capital, and technology, in the context of its existing market and legal institutions. Potential GDP is also called

Answers

Answer:

potential output or natural GDP

Explanation:

Potential gross domestic product (GDP) is the level of output which any economy can produce at a constant inflation rate.

When GDP falls short of that natural limit, it means the country is failing to live up to its economic potential. When GDP exceeds that natural limit, inflation is likely to follow. This is why potential GDP is sometimes referred to as potential output or natural GDP.

He said," I don't like you" change in indirect speech​

Answers

Answer:

whether'.

Explanation:

can someone help me i have no how to do this is tyyyy!!

Answers

Answer:

im bad at math sry

Explanation:

i have an f in math lolll

By identifying and investing early in a potential future economic star, international firms can ________ and gain experience in that country's business practices. Group of answer choices build brand loyalty build infrastructure begin to stockpile that country's currency learn which government officials need to receive kickbacks

Answers

Answer:

build brand loyalty

Explanation:

The companies could develop the brand loyalty via a deep understanding of the customer priorities and their buying behavior also it aligned what they stand. Here the effective brand would create the strong and creative identity  that can the customer can related also this identity would remain the same over the time period

Therefore as per the given situation, it is a build brand loyalty

You want to know if part time employees become more or less happy with their employment over time. Thus, you give a questionnaire to 100 new hires and four months later give the same questionnaire to the same employees. What type of research design have you used

Answers

Answer:

:Two students made stem-and-leaf plots for the following data: 530, 545, 550, 555,560, 570. Which is incorrect? Explain the error.

(2 Points)

A; there is no stem for 56.

B; there are no leaves for 55.

Explanation

When closing a direct request, you

a. indicate the consequences of a failure to reply.

b. mention your own qualifications or status.

c. request a specific response and mention the time limits.

d. thank the reader in advance for helping you.

Answers

Answer:

c

Explanation:

just took it on edg

School-aged children are regularly asked to fundraise for their school. Typically, they are required to sell a minimum amount. This mandate results in most students selling that minimum, with some exceptional children selling far larger quantities. The minimum sales constraint that likely causes positively skewed data is consistent with a: Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Ceiling effect.

b) Floor Effect.

And the correct answer is B: Floor effect.

Explanation:

To begin with, in the field of statistics the term known as "Floor Effect" refers to the situation in where the gathering of data regarding an statistic instrument about a subject turns out to have a lower limit to the data values it can reliably specify. And the floor is understood to be as that lower limit in the chart or graphic created in the study of the subject. Moreover, this term is also used in the field of psychology when test are done to subjects in study as well.

Which of the following is considered a taxpayer’s capital asset? A. Taxpayer’s house B. Real estate used in the trade or business C. Depreciable property used in the trade or business D. Supplies regularly used in the trade or business

Answers

Answer:

well its 5 more points

Explanation:

Which of the following is considered a taxpayer€™s capital asset? A. Taxpayer€™s house B. Real estate used in the trade or business C. Depreciable property used in the trade or business D. Supplies regularly used in the trade or business

Credit offered in the form of ____________ is most common in department and clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.

Answers

Answer:

retail charge cards

Explanation:

A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.

Hence, the use of credit cards by consumers broadens a small company's customer base.

This ultimately implies that, small businesses or companies who avail their customers the opportunity to pay using a credit card will increase the number of customers that would patronize them because they are typically buying the goods and services on credit.

Generally, there are three (3) main types of credit card and these includes;

I. Debit card.

II. Prepaid card.

III. Retail charge cards.

A retail charge card can be defined as a type of credit card commonly issued by retailers to their customers in order to avail the customers an ability to charge their goods and services to a specific amount that has been established prior to a purchase.

Hence, it is most common in merchant department, car rental firms, oil companies, clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.

Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received an income dividend of $0.14 cents per share and a capital gain distribution of $0.24 cents per share during the past 12 months. Also assume the market value of the fund is now $15 a share. Calculate the total return for this investment if you were to sell it now.

Answers

Answer:

The ROI is 1040.38 with Distributions and Dividends included if you sell it now.

Explanation:

[tex]260*19=$4940, cost is $4940\\0.14+0.24=0.38 \ in\ distributions/dividends\\260*15=3900, sale\ price \ is 3900\\(4940-3900)+0.38=1040.38[/tex]

Hope this helped!

Edit: This answer doesn't account for any fees, since you didn't list any fees. The only mutual funds that I know of without fees are index funds run by big financial institutions.

When the local used bookstore prices economics books at $15.00 each, they sell 70 books per month. If they lower the price to $7.00 each they sell 90 books. If so, the price elasticity of demand for the books is

Answers

Answer:

0.34,

Explanation:

% change in qty = { (90-70) / [(90+70)/2} *100 = 25%

% chnage in price =  { (7-15) / [(7+15)/2} *100 = -72.73%

PRICE ELA OF DEMAND = CHANGE IN QTY/  CHANGE IN PRICE

PRICE ELA OF DEMAND =  25/72.73 = 0.343

an increase in price from $7.00 to $15.00 results in an increase in total revenue.

The price elasticity of demand for the books when 90 books are sold when the prices are lowered from $15 to $7 each will be 0.34.

What is price elasticity of demand?

A percentage change in the quantity demanded for particular goods or services due to a percentage change in the price of such goods or services is known as the price elasticity of demand.

For the given case, the price elasticity of demand will be calculated as,

[tex]\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{Final\ Quantity-Initial\ Quantity}{Initial\ Quantity}}{\dfrac{Final\ Price- Initial\ Price}{Initial\ Price}}\\\\\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{90-70}{70}}{\dfrac{15- 7}{7}}\\\\\rm Price\ Elasticity\ of\ Demand\ = 0.34[/tex]

Hence, the price elasticity of demand is calculated as above.

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Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do

Answers

i mean... tell carolyn asap and explain, then try to sell the part on ebay or something

QUESTION 6 Clyde is self-employed and has been for many years. His business receives financial information from his clients, analyzes it and makes useful reports from it. He prepares financial statements for his clients in accordance with generally accepted accounting principles so they comply with the law, but also so they can be understood and relied on by government agencies, lenders, stockholders, employees, suppliers and others who may need to access their financial information. What function is Clyde performing for his clients

Answers

Answer: accounting

Explanation:

Since we are given the information that Clyde receives financial information from his clients, analyzes it and then makes useful reports from it. This shows that he's performing an accounting function.

One who performs accounting functions will also prepare financial statements for clients which will be in accordance with generally accepted accounting principles.

Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.

Answers

Answer:

a. 6.4 and 57 days

Explanation:

The computation of the accounts receivable turnover and the average collection period in days is shown below;

The account receivable turnover is

= $800,000 ÷ ($100,000 + $150,000) ÷ 2

= 6.4 times

And, the average collection period is

= 365 days ÷ 6.4 times

= 57 days

Therefore the a option is correct

Only a fraction of people who are unsatisfied actually complain. True False

Answers

Answer:

True

Explanation:

Which product would most likely be considered inherently unsafe?
A. A bathroom cleaner
B. A garden hose
C. A bookshelf
D. A lamp

Answers

Answer:

c

Explanation:

bell kung matutong ba yung bookshelf

The product that would most likely be considered inherently unsafe depends on various factors such as its intended use, design, and potential hazards associated with its usage. Hence option C is correct .

Which product would most likely be considered inherently unsafe?

Among the options provided, a bathroom cleaner would most likely be considered inherently unsafe. This is because most bathroom cleaners contain powerful chemicals such as bleach, ammonia, and acids that can cause serious health hazards if not used properly.

These chemicals can cause skin irritation, respiratory problems, and even chemical burns if they come into contact with the skin or eyes.

Furthermore, bathroom cleaners are often stored in containers that may not be child-resistant, which can pose a serious risk of accidental ingestion or exposure. This can result in poisoning, and in severe cases, even death.

While the other options provided, such as a garden hose, bookshelf, and lamp, can also pose risks if not used properly or designed poorly, they are generally considered safer than bathroom cleaners.

A garden hose may pose a tripping hazard if not stored properly, a bookshelf may fall if overloaded, and a lamp may pose an electrical hazard if damaged, but these risks can be mitigated through proper use and maintenance.

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In a survey 125 people, 90 people liked orange juice or grape juice. There are 62 people who like orange juice and 43 people who like grape juice. What is the probability that a randomly selected person likes both juices? Assume that the reserve requirement is 5 percent. All other things being equal, will the money supply expand more if the Fed buys $2,000 worth of bonds or if someone deposits in a bank $2,000 that she had been hiding in her cookie jar? If one creates more, how much more does it create? Support your thinking. What's the exact length of BC?A) 83B) 56C) 12D) 306 58 points!!!! and brainlist!!!1. Do you think the state can exist without the concepts of Political Science? Why.? 2. In your opinion, what does the quote Man is by nature a political animal means.? The area of a square is 81 cm2 . Find the perimeter of the square. Determine the diagonal of the square.SOMEONE PLEASEEEEEEEEEEEEE SHOW YOUR WORK FOR THE DIAGONAL PART, I KNOW THE DIAGONAL IS 9 TO THE SQUARE ROOT OF 2 BUT MY TEACHER IS ASKING ME TO SHOW MY WORK AND I DONT KNOW WHAT TO DO TO GET 9 TO THE SQUARE ROOT OF 2, I GOT THE ANSWER FROM THE INTERNET, PLEASE SHOW YOUR WORK ON HOW TO GET THE ANSWER 9 TO THE SQUARE ROOT OF 2 FOR THE DETERMINATION OF THE DIAGONAL Which statement from the Tinker v. Des Moines court decision best supportsthe reasoning that the conduct of the student protesters was within theprotection of the free speech clause of the First Amendment?O A. First Amendment rights are available to teachers and students,subject to application in light of the special characteristics of theschool environment.B. Three public school pupils in Des Moines, Iowa, were suspendedfrom school for wearing black armbands to protest theGovernment's policy in Vietnam.C. Neither students nor teachers shed their constitutional rights tofreedom of speech or expression at the schoolhouse gate.D. In wearing the armbands, the students were quiet and passive,were not disruptive and did not infringe upon the rights of others. Which of the following would likely happen if a persons lactic acid system had difficulty breaking down glycogen in the muscles?The person would have difficulty running a marathon.The person would have difficulty sprinting in a race.The person would have difficulty swimming across a lake.The person would have difficulty cycling down a hill. Wyatt keeps $25,000 in an interest-bearing time deposit with the Bigbux Bank. While earning a relatively attractive rate of interest, Wyatt had to agree to not withdraw any of the funds until the end of a three-year period. Wyatt's investment represents a(n) a report must be sent promptly to FINRA if a registered employee of a member firm for all of the following EXCEPT: A has violated the Securities Acts B is the subject of a written customer complaint alleging theft C is suspended or expelled by another Self Regulatory Organization D is ticketed for careless driving The lines represented by the equations y = 2x 2 and 2y - 4x = 2 areO perpendicularO neither parallel nor perpendicularO the same lineparallel Please help and show the formula used, along with all substitutions and calculations needed Can you find the slope-intercept equation of each line and type the correct code? Please remember to type in ALL CAPS with no spaces. If a gymnast scores two 10s and two 9s for a performance, what is their average score going to be?-9.5-9.0-9.2-9.7What are the four main events for the women in a Gymnastics competition?Group of answer choices-Pommel horse, horizontal bar, vault, floor exercise-Uneven bars, vault, balance beam, floor exercise-Vault, rings, uneven bars, floor exercise-Balance beam, uneven bars, floor exercise, pommel horseWhat is the event that the gymnast runs down a runway and propels off a springboard and bench, to perform a series of stunts in air and stick the landing called?-horizontal bar-floor exercise-balance beam-vault Describe the role of His Highness Sheikh Mohamed bin Zayed Al Nahyan (May Allah protect him) as a global citizen working to improve global public health. what is the lowest frequency of a standing wave that has the fewest number nodes and antinodes Plz help me well mark brainliest if correct ....????. what is 300 to the nearest ten which task would use an informal writing style? 1. solve for p: p - 17 = 13 2. solve for m: 23 + m = 31 What happens if we nuke a city?