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Melville Services Has a Weekly Payroll of $50,000

question 6

Essay

Melville Services has a weekly payroll of $50,000.December 31,2016 falls on Thursday and Melville will pay its employees the following Monday (January 4,2017)for the previous full week.Assume that Melville has a five-day workweek and has an unadjusted balance in Salaries Expense of $845,000.Prepare the January 4,2017 journal entry.Reversing entries are not made.


Definitions:

Group Maintenance Behavior

Activities and behaviors that support the social and interpersonal cohesion of a group, helping it to remain cohesive and fulfill its objectives.

Interpersonal Relations

The interactions and relationships that occur between individuals in a given context.

Conflict Resolution

The process of resolving disagreements or disputes among individuals or groups in a peaceful and mutually agreeable manner.

Formal Leader

An individual who holds an official position of authority and is recognized within an organization as having the right to guide and direct others.

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