Examlex

Solved

A Business Pays Its Employees' Monthly Salaries of $20,000, Half

question 66

Essay

A business pays its employees' monthly salaries of $20,000, half on the 15th day of each month, and half on the first day of the following month. On October 31, the business accrued salaries for the second half of October. On November 1, the business paid their employees $10,000 for the second half of October. Please provide the journal entry for the payment made on November 1.
A business pays its employees' monthly salaries of $20,000, half on the 15<sup>th</sup> day of each month, and half on the first day of the following month. On October 31, the business accrued salaries for the second half of October. On November 1, the business paid their employees $10,000 for the second half of October. Please provide the journal entry for the payment made on November 1.


Definitions:

Postoperative Infections

Infections that occur after a surgical procedure, which can impact recovery times and overall patient health.

Epidural Anesthesia

A form of regional anesthesia that blocks pain in a particular area of the body, often used during childbirth to relieve labor pain without affecting consciousness.

Instrumental Delivery

A type of childbirth where special instruments, like forceps or a vacuum, are used to help deliver the baby.

Fetal Distress

A condition in which a fetus is not well or is experiencing stress during pregnancy or labor, often indicated by abnormal heart rate patterns.

Related Questions