Prior to adjusting entries, Salaries Expense had a balance of $22,300. The following year-end adjusting entry was made by the company:Salaries Expense4,400 Salaries Payable 4,400What balance would be shown for Salaries Expense in the adjusted trial balance?
A. $22,300.
B. $17,900.
C. $4,400.
D. $26,700.
Answer: D
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A) inbound logistics B) operations C) outbound logistics D) reverse logistics E) services
Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold of $380,000, and $275,000 in operating expenses. Net income equals:
A. $770,000. B. $408,000. C. $402,000. D. $115,000. E. $390,000.
Corbin must inform employees that overtime pay will be reduced from the current 2.0 factor to a 1.5 factor. Because he anticipates a hostile reaction, which of the following sequences should Corbin use for the parts of his message?
A) Bad news, explanation, reasons, and closing B) Bad news, reasons, buffer, and closing C) Buffer, reasons, bad news, and closing D) Buffer, explanation, reasons, and closing
The termination of a partnership is known as ____________________
Fill in the blank(s) with correct word