What amount would be reported as wages payable

Assignment Help Accounting Basics
Reference no: EM132898158

Problem - Learning Library Inc pays its full-time librarian $5,000 every Friday for working a Monday to Friday work week. For the year 2020, the company's year-end falls on a Thursday. What amount would be reported as wages payable at year-end 2020?

Reference no: EM132898158

Questions Cloud

Discusses the importance of revenue generated : Discusses the importance of revenue generated from suite ownership. What are some concerns associated with suite ownership?
Calculate the NPV : The new production line will cost $3M and is expected to have a salvage value in 6 years for $750K. Calculate the NPV
Describe the nature and discovery of the problem of reentry : Describe the nature and discovery of the problem of reentry. Why are these components important for reentry programs and their implementation?
Lifecycle of the auto part : What is the total cost for each option? How much cheaper (total $) is outsourcing to China over the 3 years lifecycle of the Auto Part?
What amount would be reported as wages payable : For the year 2020, the company's year-end falls on a Thursday. What amount would be reported as wages payable at year-end 2020
Why do want to be a law enforcement officer : Why do you want to be a law enforcement officer? You are stationed at an intersection within our city that is known to have a large number of serious accidents
Draw attention to the optional extra payments in the range : Draw attention to the optional extra payments in the range C10:E10 by adding a thick outside border using the Orange, Accent 3 shape outline color
What the journal entries related to the investment : What the journal entries related to the investment in bonds assuming that the bonds are held as FA @ Amortized Cost (FAAC)
How does teen court sometimes referred to as peer : How does "Teen Court," sometimes referred to as "peer" or "youth" court work? What are the pros and cons? Please explore the Pima County Teen Court website.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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