This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following journal entries is a budgetary entry? a. debit estimated revenues and ... (Read 78 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jul 5, 2018
Which of the following journal entries is a budgetary entry?
 
  a. debit estimated revenues and credit appropriations
  b. debit expenditures and credit cash
  c. debit property taxes receivable and credit property tax revenues
  d. debit cash and credit property taxes receivable

Question 2

Ski Master Company pays weekly salaries of 18,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

Salaries Expense (18,000/5  3)
Salaries Payable 10,800
10,800


big1devin

  • Hero Member
  • *****
  • Posts: 583
Reply #2 on: Jul 5, 2018
Thank you


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Entry Mechanisms of Viruses Entry Mechanisms of Viruses
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Wedge-shaped oil film curved around a bearing journal. Wedge-shaped oil film curved around a bearing journal.
Estimated number of new HIV infections per year over time period in Canada Estimated number of new HIV infections per year over time period in Canada
Estimated New Cases of Selected Cancers in the USA, 2012 Estimated New Cases of Selected Cancers in the USA, 2012
Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library