A company pays its employees $2,100 each Friday, which amounts to $420 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is: ____ $2,100 _____ $420 _____ $840 _____$ 1,260

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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A company pays its employees $2,100 each Friday, which amounts to $420 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:

____ $2,100

_____ $420

_____ $840

_____$ 1,260

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Company pay it employees $2,100 on each Friday

Per day pay =$ 420 per day for five days 

Required calculation if month end on Thursday then unpaid pay end of month.

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