Business, 10.08.2021 01:00 Blazingangelkl

Athens Company's salaried employees earn two weeks of vacation per year. The company estimated and must expense $10,200 of accrued vacation benefits for the year. Which of the following is the necessary year-end adjusting entry to record accrued vacation benefits? a) Debit Vocation Benefits Payable $10.200; credit Vacation Benefits Expense $10,200.
b) Debit Vacation Benefits Expense $20,760; credit Vacation Benefits Payable $20,760.
c) Debit Vacation Benefits Expense $20,100; credit Vacation Benefits Payable $20,100.
d) Debit Vacation Benefits Payable $20,100; credit Vacation Benefits Expense $20,100.
e) Debit Vacation Benefits Expense $10,200; credit Vacation Benefits Payable $10,200.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 11:00

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Answers: 1

Answer

Business, 22.06.2019 15:00

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive

Answers: 1

Answer

Business, 22.06.2019 19:20

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.

Answers: 2

Answer

Business, 22.06.2019 19:30

Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center

Answers: 2

Answer

You know the right answer?

Athens Company's salaried employees earn two weeks of vacation per year. The company estimated and m...

Questions