Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. zen arcade paid the weekly payroll on january 2 by

Zen Arcade paid the weekly payroll on January 2 by debiting Salaries and Wages Expense...

70.2K

Verified Solution

Question

Accounting

Zen Arcade paid the weekly payroll on January 2 by debiting Salaries and Wages Expense for $47,000. The accountant preparing the payroll entry overlooked the fact that Salaries and Wages Expense of $27,000 had been accrued at year end on December 31. The correcting entry is

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Considerthecurvex(t)=t2,y(t)=t3 −3t,for−∞

Economics
1.2K views

Manufacturing jobs in the United States have been declining. How has this shift away from industry...

Physics
1.2K views

The ionisation energies of K shell for cobalt copper and molebdenum are 7 8 9...

Physics
1.2K views

13. The mass of an object is 229 g- The object requires 20.0J to raise...

Physics
1.2K views

The capacitors are initially uncharged In a certain time the capacitor of capacitance 2uF gets...

Physics
1.2K views

A motor is used to deliver water at a certain rate through a given horizontal...

Geometry
1.2K views

AGHI circumscribes OK What is the perimeter of A GHI 5 in G K 2...

Basic Math
1.2K views

Suppose the weekly cost for the production and sale of bicycles is C(x) = 29x...

Accounting
1.2K views

MANAGIAL METRTIN Quick Check Suppose that the investment in the attachment for the X-ray...

Accounting
1.2K views

5) Supreme Motors has contacted ABC Inc. with an offer to sell it 5,000 of...

Accounting
1.2K views

Aaron Corporation, which has only one product, has provided the following data concerning its most...

Accounting
1.2K views

Raine Company has a machine that originally cost $55,000. Depreciation has been recorded for four...