FIN & MGR ACCOUNTING W/ACCESS
FIN & MGR ACCOUNTING W/ACCESS
9th Edition
ISBN: 9781265738624
Author: Wild
Publisher: MCG
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Chapter 20, Problem 3DQ

What is the benefit of continuous budgeting?

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EnField Corp. has 7 employees and each employee is paid on average $173 per day and works 7 days a week. The company's year-end is December 31. The employees were last paid on December 23 for the two weeks that ended on December 16. What is the wages and salary payable to record for December 31? a. $2,595 b. $1,384 c. $9,688 d. $18,165
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