During which year would the wages expense be reported

Assignment Help Accounting Basics
Reference no: EM131127325

Employees performed services in 2009, but the wages were not paid until 2010. During which year would the wages expense be reported on the income statement under 

(a) The cash basis? 

(b) The accrual basis?

Reference no: EM131127325

Questions Cloud

The stability and performance of the rotation : The stability and performance of the rotation of a robot (similar to waist rotation) presents a challenging control problem. The system requires high gains in order to achieve high resolution;
Small manufacturing business has patented new device : A small manufacturing business has patented a new device for washing dishes and cleaning dirty and cleaning dirty kitchen sinks. The owner wants reasonable assurance of success. Variable costs are estimated at $7 per unit produced and sold. Fixed cos..
What is the angular separation of the two stars : Suppose that two stars in a binary star system are separated by a distance of 80 million kilometers and are located at a distance of 190 light-years from Earth. What is the angular separation of the two stars
The possibility of overcoming wheel friction : The possibility of overcoming wheel friction, wear, and vibration by contactless suspension for passenger-carrying mass-transit vehicles is being investigated throughout the world.
During which year would the wages expense be reported : Employees performed services in 2009, but the wages were not paid until 2010. During which year would the wages expense be reported on the income statement under (a) The cash basis? (b) The accrual basis?
How you would incorporate a contemporary management theory : How you would incorporate a contemporary management theory with your staff? How you would incorporate a motivational theory with your staff?
Desire to maintain accurate position control : A computer uses a printer as a fast output device. We desire to maintain accurate position control while moving the paper rapidly through the printer. Consider a system with unity feedback and a transfer function for the motor and amplifier of
What is the current density in each wire : The composite wire carries a current of 8 mA. What is the current density in each wire?
What will be the interest rates on a three year bond : Using the information from the previous question, now assume that investors prefer holding short-term bonds. A liquidity premium of 10 basis points is required for each year of a bond’s maturity. What will be the interest rates on a three-year bond, ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  A cpa firm has audited the financial statements included in

a cpa firm has audited the financial statements included in a form s-1 filed with the sec under the securities act of

  A retailer purchases merchandise with a catalog list price

a retailer purchases merchandise with a catalog list price of 15000. the retailer receives a 15 trade discount and

  List a few of the issues and considerations businesses

List a few of the issues and considerations businesses should have when it comes to the selection of long-term investments and how those issues impact the various financial statements.

  Daniels agricultural products is considering buying new

daniels agricultural products is considering buying a new farm that it plans to operate for ten years. the farm will

  Gerber inc has 5200 machine hours available each month the

gerber inc has 5200 machine hours available each month. the following information on the companys three products is

  A company has 45 per unit in variable costs and 1200000 per

1.tory company sells a single product. troy estimates demand and costs at various activity levels as followsunits

  Angeliques antiques had 475 worth of supplies on hand at

angeliques antiques had 475 worth of supplies on hand at the beginning of april. during aprilthe store paid 600 for

  Primary accounting standard-setting body

The primary accounting standard-setting body in the United States is the:

  Fixed asset turnover ratio cisco cisco system reported the

fixed asset turnover ratio cisco cisco system reported the following information in its 2009 financial statements 2009

  Credit card fee deductible

If paid the total amount owing of $6858 to ATO via my National Australia Bank Visa Card. A Credit card fee of $45 (equivalent to 0.0065%) was charged by the ATO in relation to this payment. Is this $45 credit card fee deductible?

  Profitable business under certain conditions

Her other projections include an initial inventory of $15,000, assembly training for $2,500, cost of goods sold (COGS) approximately $35,000, selling expenses of $9,000 and general and administrative expenses of $7,000. She expects to pay 25% of h..

  Two-slit apparatus and produces a famous intensity

Light of 578nm wavelength is directed at a two-slit apparatus and produces a famous intensity pattern on a screen 75.0cmaway. Each slit is 0.434mmwide, and the center-to-center separation of the slits is 0.640mm.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd