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Employees Earn $5,000 Per Day, Work Five Days Per Week

question 102

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Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. If the previous payday was January 26 and the accounting period ends on January 31, what amount is the ending balance in the wages payable account?


Definitions:

Physiological State

The condition of normal function or activity of the body and its systems, often influenced by factors like health, genetics, and environment.

Drive

An aroused state that occurs because of a physiological need.

Optimum Arousal Theory

The theory that individuals perform best and are most productive at a moderate level of arousal, rather than at lower or higher levels.

Moderate Arousal

An optimal level of alertness or activation that enhances performance on tasks or activities, according to Yerkes-Dodson Law.

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