Ending balance in wages payable account

Reference no: EM13146028

Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. If the previous payday was January 26 and the accounting period ends on January 31, what amount is the ending balance in the wages payable account?

Reference no: EM13146028

Questions Cloud

What are some of the challenges you faced : What are some of the challenges you faced? How did you overcome them and reflect on ‘steps to success' outlined in Part A: career Action Plan and discuss if you achieved your desired outcomes or not.

In today''s consumer-oriented society : In today's consumer-oriented society, many people in the United States have borrowed heavily to buy cars, houses, furniture, clothes, vacation trips, and more. Other people are deep in debt through unfortunate circumstances, such as loss of job an..

What is the value of ka for the acid : A weak acid (HA) is found to ionize 17.8% when mixed at a concentration of 0.3 mol/L. What is the value of Ka for this acid?

Evaluate current or future applications of biotechnology : Evaluate current or future applications of biotechnology in the fields of medicine or agriculture.

Ending balance in wages payable account : Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. If the previous payday was January 26 and the accounting period ends on January 31, what amount is the ending balance in the wages payable ac..

Find proportion of men and women who support gun control : Calculate using excel analysis tools the significance of the difference between the proportion of men and women who support gun control with 74 men oppose.

Depreciation by using the straight-line method : Henry purchased the building on January 2, 2011 for $800,000. The building is to be depreciated using the straight-line method over a period of 40 years with no salvage value. Depreciation for year 1 is?

How many moles of acetylene (c2h2) will be produced : If 7.00 mol calcium carbide (CaC2) reacts with an excess of water, how many moles of acetylene (C2H2) will be produced?

Financial statements annually-uses perpetual inventory : January 1, 2010, Sands Company had Accounts Receivable $55,000 and Allowance for Doubtful Accounts $4,400. Sands Company prepares financial statements annually and uses a perpetual inventory system. During the year the following selected transacti..

User Account

All Pages