astronom
Feb 25, 2008, 09:30 AM
Is the answer to the following question $8,000? Because there are 2 days left in the month that have not been paid.
The question is: A company operates 5 days per week with a daily payroll of $4,000. The employees are paid every Saturday for the workweek(Mon-Fri). The last day of the month is Wed. March 31. What is the amount of Wages Expense recorded on the next payday, Sat April 3?
The question is: A company operates 5 days per week with a daily payroll of $4,000. The employees are paid every Saturday for the workweek(Mon-Fri). The last day of the month is Wed. March 31. What is the amount of Wages Expense recorded on the next payday, Sat April 3?