« previous next »

Author Question: The payroll register for the week ended February 14 for Luxury Homes Construction Company indicates ... (Read 106 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jul 5, 2018
The payroll register for the week ended February 14 for Luxury Homes Construction Company indicates gross earnings of 4,000 and total deductions of 1,200 . The entry for the Wages and Salaries Expense ending February 14 would be a
 a. 1,200 debit.
   b. 2,800 credit.
   c. 4,000 debit.
   d. 5,200 debit.

Question 2

The inventory method that assigns the most recent costs to cost of merchandise sold is
 a. FIFO
  b. LIFO
  c. weighted average
  d. specific identification


honnalora

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Brumbies awaiting their sale and new homes. Brumbies awaiting their sale and new homes.
Development of a Baby in 36th Week Development of a Baby in 36th Week
Seven-week embryo showing development of arm, forearm, and hand Seven-week embryo showing development of arm, forearm, and hand
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
February 22 2024 sheild for kids February 22 2024 sheild for kids
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library