Marshwinds Wind Turbines Shows a Balance in Salaries Payable of $80,000

question 33

Short Answer

Marshwinds Wind Turbines shows a balance in Salaries Payable of $80,000 at the end of the month. The next payroll amounting to $100,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries?

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Definitions:

Delta Brain

Pertaining to the delta brain waves, which are the slowest brain waves and are associated with deep sleep and unconscious information processing.

Childish Modes

Patterns of behavior that are typically associated with children, such as dependency, simplicity in problem-solving, or immediate gratification seeking.

Sigmund Freud

Austrian neurologist and founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Altered State

A condition in which an individual's mental state is significantly different from normal, often induced by factors such as meditation, drugs, or hypnosis.