ACCT.PRINCIPLES (LL)-PACKAGE
14th Edition
ISBN: 9781119707103
Author: Weygandt
Publisher: WILEY
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Chapter 13, Problem 6Q
To determine
To Explain: Reason for difference in corporation balance sheet and proprietorship’s balance sheet.
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Calculate gross profit of this general accounting question
Ayayai Corp. employs a five-day workweek Monday - Friday and a September 30 year-end. Normal weekly wages amount to $32900. If September 30 is a Wednesday, what is the appropriate journal entry on October 2, the next payday for Ayayai?
A. Salaries and Wages Expense 19740 Salaries and Wages Payable 13160 Cash 32900
B. Salaries and Wages Payable 13160 Cash 13160
C. Salaries and Wages Expense 19740 Cash 19740
D. Salaries and Wages Expense 13160 Salaries and Wages Payable 19740 Cash 32900
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Chapter 13 Solutions
ACCT.PRINCIPLES (LL)-PACKAGE
Ch. 13 - Prob. 1QCh. 13 - Prob. 2QCh. 13 - Prob. 3QCh. 13 - Prob. 4QCh. 13 - Prob. 5QCh. 13 - Prob. 6QCh. 13 - Prob. 7QCh. 13 - Prob. 8QCh. 13 - Prob. 9QCh. 13 - Prob. 10Q
Ch. 13 - Prob. 12QCh. 13 - Prob. 13QCh. 13 - Prob. 14QCh. 13 - Prob. 15QCh. 13 - Prob. 16QCh. 13 - Prob. 1BECh. 13 - Prob. 2BECh. 13 - Prob. 3BECh. 13 - Prob. 4BECh. 13 - Prob. 5BECh. 13 - Prob. 6BECh. 13 - Prob. 7BECh. 13 - Prob. 8BECh. 13 - Prob. 1aDIECh. 13 - Prob. 1bDIECh. 13 - Prob. 2aDIECh. 13 - Prob. 3aDIECh. 13 - Prob. 1ECh. 13 - Prob. 2ECh. 13 - Prob. 3ECh. 13 - Prob. 4ECh. 13 - Prob. 5ECh. 13 - Prob. 6ECh. 13 - Prob. 8ECh. 13 - Prob. 9ECh. 13 - Prob. 10ECh. 13 - Prob. 12ECh. 13 - Prob. 13ECh. 13 - Prob. 14ECh. 13 - Prob. 1IFRECh. 13 - Prob. 2IFRECh. 13 - Prob. 3IFRE
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