Martin Printing Pays Employees on a Weekly Basis on Friday

question 49

Multiple Choice

Martin Printing pays employees on a weekly basis on Friday for the week ended the previous Friday.Employees' compensation is earned evenly each day over a 5-day work week.This year,March 31 fell on Tuesday.Payroll costs for the week ended April 3 follow: Excluding payroll taxes,what amount should be accrued to the payroll account for the period ended April 30?

• A)$51,360
• B)$76,440
• C)$191,100
• D)$114,660

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Definitions:

Abstract Concepts

Ideas or notions that do not have a physical or tangible existence but exist as thoughts or ideas in the mind.

Concrete Concepts

Ideas or terms that refer to tangible, physical objects or phenomena that can be observed directly.

Mental Lazy

A tendency to avoid cognitively demanding tasks, opting for simpler, less effortful thinking processes.

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The process of generating and expending energy toward achieving or avoiding some outcome.