Author Question: The payroll register for the week ended February 14 for Luxury Homes Construction Company indicates ... (Read 103 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
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
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library