Thursday
April 17, 2014

Homework Help: Accounting

Posted by davve on Monday, March 5, 2012 at 1:46pm.

DATA:
The 2011 employee performance bonus will be $10 mil.
The bonus is paid in March of 2012 is $9 mil
The 2012 employee performance bonus will be $12 mil.
The bonus is paid in March of 2013


Exercise:
What is the monthly accrual amount?
What account is debited?
What account is credited?

Create and account reconciliation for 2012 with the data provided above


What recommendations do you have for this account to ensure it is proper?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - On May 26, 2007, Jamal purchased machinery for $30,000 to be used ...
human resource - I am writing a paper on this subject and I need help can ...
Accounting - On July 15, 2009, Travis purchased some office furniture for $20,...
accounting - kindly please help me. B1, G1, and P1 formed a partnership. They ...
Office Management - When conducting a performance appraisal, it's important for ...
Management - The employee performance evaluation focuses on an employee's ...
business accounting - can someone help me with some information on each one of ...
human resources - Describe the performance appraisal method used in your ...
statistics - If a company is thinking of giving one department a 1000 bonus. ...
tax - On May 26, 2007, Jamal purchased machinery for $30,000 to be used in his ...

Search
Members