Ask Question
10 January, 06:55

Athena Company's salaried employees earn two weeks of vacation per year. It pays $816,400 in total employee salaries for 52 weeks but its employees work only 50. Record Athena Company's weekly journal entry to record the vacation expense:

+3
Answers (1)
  1. 10 January, 10:06
    0
    Weekly vacation expense $628

    Explanation:

    Total employees salaries $816,400

    Weekly salary expense $15.700 ($816,400/52 weeks)

    Vacation expense for two wweks $31.200 ($15.700 * 2 weeks)

    Weekly vacation expense $628 ($31.200/50 weeks)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Athena Company's salaried employees earn two weeks of vacation per year. It pays $816,400 in total employee salaries for 52 weeks but its ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers