subject
Business, 13.12.2019 05:31 domiyisthom

Abusiness provides its employees with varying amounts of vacation per year, depending on the length of employment. the estimated amount of the current year’s vacation pay is $30,000. required: a. journalize the adjusting entry required on january 31, the end of the first month of the current year, to record the accrued vacation pay. refer to the chart of accounts for exact wording of account titles. b. how is the vacation pay reported on the company’s balance sheet? when is this amount removed from the company’s balance sheet?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
question
Business, 22.06.2019 13:00
Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?
Answers: 1
question
Business, 22.06.2019 15:40
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
question
Business, 22.06.2019 22:30
Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.
Answers: 3
You know the right answer?
Abusiness provides its employees with varying amounts of vacation per year, depending on the length...
Questions
question
Physics, 08.05.2021 04:40
question
Mathematics, 08.05.2021 04:40
question
Mathematics, 08.05.2021 04:40
question
Mathematics, 08.05.2021 04:40
question
Mathematics, 08.05.2021 04:40
question
Mathematics, 08.05.2021 04:40
Questions on the website: 13722363